I don’t think anyone is unreasonable in wanting to know what the money Leo has raised in the last year is being used for. When the employee headcount is minisucule, “general administrative purposes” for millions of dollars really doesn’t cut it. Zero, absolutely zero doubts in my mind that the SP is reflecting that lack of clarity. Couple that with another mystery financier, again the secrecy aspect, and we will drift lower. Science has proven to be very good so far, but management is killing the SP with the lack of clarity and specifics.
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