Some facts, on the present situation; During Q
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Posted On: 06/14/2024 9:13:51 AM
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 empty words.
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 empty words.
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Robert