The chart set-up looks pretty good here and the sh
Post# of 36
The chart set-up looks pretty good here and the shares are cheap. The questions here are can the CEO reduce costs, lower the cash burn & still grow the company. At some point if he keeps up with the monthly dilution plan here a R/S will befall the company & its shareholders. I don't want to see that.
Product works, I've tried it, better than most but the CEO has got to find creative ways to reduce that monthly nut. He is just killing the shareholders & the next 6months may be his last shot. With the A/S @ 5B I am probably being optimistic in assuming anything can or will be done about that. The stock appears headed for the R/S regardless.
Oh yeah, if the CEO reads this: can you make a little less money? Maybe show profits first before burdening the cash burn & shareholders with that hefty salary you pay yourself? Lord! (eor= end of rant)