Just referencing another poster's question about t
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Posted On: 07/04/2020 7:50:18 AM
Just referencing another poster's question about the "paid in capital of $28M" from the most recent statement. I believe, not totally sure, that it indicates the amount of money brought in by means which are not the result of a company's primary business. In our case the company's business is leasing software and this looks like it means the money raised by dilution, although, I guess, there might be other sources, like loans.
Regardless, the question then is, where's the money? Surely $28M is more than the operational expenses, so what became of it? Was debt paid down maybe? Or something else, I guess, but what? Maybe someone who's an email bud of Mark Kaye's can ask him about it. Or, maybe I'm completely wrong about this whole thing.
Regardless, the question then is, where's the money? Surely $28M is more than the operational expenses, so what became of it? Was debt paid down maybe? Or something else, I guess, but what? Maybe someone who's an email bud of Mark Kaye's can ask him about it. Or, maybe I'm completely wrong about this whole thing.
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