I don't currently own the stock and I'm normally one for...

I don't currently own the stock and I'm normally one for conservative assessment of numbers.

The commentary on the conservative side of this stock is high quality which is refreshing for HC I just disagree with it this time.

Profitability is close to meaningless. This company is going to need to raise 100's of millions in capital whether it is profitable or not. Say it was running a profit of 1million this year, so what? That in no way would fund the future R&D needed to ensure this becomes a market leader in this area. 

The new internet 2.0, IoT and AI companies are strange, in that many are creating new markets for the first time. As opposed to say Uber where you knew the market(taxis) it was how much market share Uber could capture. 

The strong revenue growth for mine points to Livetiles success in commercialising a new product type and people are prepared to pay for it(customers increasing and $ per customer increasing).

You would not want to see expenses increasing every quarter more than revenue, but the company going for broke to get to $100-200 million revenue for me is the correct strategy.

They have had no problems raising capital in the past and you should expect capital raisings every year for the next 5 years irrespective of profitability. Do they have a product service thats has potential, all indications point to yes so far.

I might look to enter once price settles.