So we raised maybe $17mil last May and for this we gained an extra $800k for that.
15-7-16 $100mil raised @ $3.00
02-05-17 $ 17mill raised @ $2.00
27-03-18 $ 25 mil raised @ $1.10
That's around $130mil less than 2years. Thats more than half our MC.
Mind you there is only $35mil left in the kitty as well. Thats about 1-2 qtrs given $22mil out the door this qtr.
Next raise soon will be $80c?
We are still struggling to be cash flow positive.
Not that i mind that but the revenue now really justifying the MC.
how long do you need to give a company to start showing they have the right model to make coin.
Clearly they don't have it now IMO.
The prosumer entry is new so i would say that is an after thought.
I want the original business to prove its worth.
Why am i still here. Someone please remind me.
I know there are a lot of positives - just my evening gripe. Good luck all.
So we raised maybe $17mil last May and for this we gained an...
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