Re listing price, page-17

Growth is not the issue now.
The company has taken a huge gamble using shareholder funds and borrowed money to produce videos which customers have not agreed to pay for.
To date, they haven’t shown that their business model is viable/profitable. They have had to borrow money and pay for expenses by issuing new shares.
Rapid expansion of this business model is a huge risk for shareholders and lenders.
The key for their short term solvency is proving this model is profitable.