Ive been following CM8 for near a year now. Still haven’t...

Ive been following CM8 for near a year now. Still haven’t invested.

Still wanting to.

Two mains reason that I haven’t invested yet is
1) Debt level with ridiculously high interest rates
2) Unsure of the why or how Track contributes to CM8 directly

I like the cow analogy by the way. Very accurate.

The fact that Dom has raised money to reduce Debt quicker has given me more concern than support. Usually the terms of a CR are to accelerate business growth, not reduce debt. And the quantum of debt it removed is not significant compare to the equity diluted.

So my little alarm bell is sounding out….why

If CM8 is being de-risked Qtr-to-Qtr through consistently paying down debt, then refinancing at significantly better interest rates should have been preferred option. And presumed faster option.

But if the money people don’t see CM8 as de-risking, then what are we not seeing?