(Total Views: 377)
Posted On: 06/14/2024 8:13:41 PM
Post# of 104081
PlantX, some facts on the present situation;
During Q3 2024, the Company demonstrated growth, still, with revenue
only totaling$ 9,184,678, and a net loss of $ 5,699,913 -
it`s far from becoming profitable.
Five investment rounds and a high debt is the highly concerning reality.
Management shares; Individual Insiders 0.208% about 2000 shares in total.
If there is no real insider buying of shares, it`s a red flag. It shows
no confidence in the company - if you don`t backup with money,
it`s just empty words.
Investors Hangout: https://investorshangout.com/post/view?id=670...z8dAsCJUlZ
During Q3 2024, the Company demonstrated growth, still, with revenue
only totaling$ 9,184,678, and a net loss of $ 5,699,913 -
it`s far from becoming profitable.
Five investment rounds and a high debt is the highly concerning reality.
Management shares; Individual Insiders 0.208% about 2000 shares in total.
If there is no real insider buying of shares, it`s a red flag. It shows
no confidence in the company - if you don`t backup with money,
it`s just empty words.
Investors Hangout: https://investorshangout.com/post/view?id=670...z8dAsCJUlZ
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Robert
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