Now the race is on to see if revenues can start co
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Posted On: 08/10/2019 8:45:48 AM
Re: Stargazer2000 #57849
Now the race is on to see if revenues can start coming in a large enough quantity and fast enough to enable the company to stop diluting. Next Q or 2 will be important signals about how that's developing - there's got to be a tipping point about when there are too many shares on the market.
It's a bit of a unique business plan to count on financing operations with an ever increasing number of shares being sold. Maybe BlockSafe should be spun off asap and let it accrue its own debt? If possible. Not sure why they thought it was a good idea to expand the company at a time they couldn't meet expenses with revenue for the original.
Or maybe a little cutting back on salaries, since the salaried are the ones doing this?
It's a bit of a unique business plan to count on financing operations with an ever increasing number of shares being sold. Maybe BlockSafe should be spun off asap and let it accrue its own debt? If possible. Not sure why they thought it was a good idea to expand the company at a time they couldn't meet expenses with revenue for the original.
Or maybe a little cutting back on salaries, since the salaried are the ones doing this?
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