I have been contemplating similar thoughts.
The CR we were all waiting for never really came, the $860k placement only secured $250k cash and the Penta tokens are only redeemable in batches over 12months. I was hoping for a proper CR similar to the $1.4M they raised in Q4-17 and similarly $1.3M in Q2-17.
Would love to see Anoosh make a bigger investment, or as Herbalist pointed out redirect HCASH Tech to invest into CCP.
Either way with current cash balance at under $450k from June quarter and monthly burn of ~$250k , I am scratching my head as to what is keeping the bills paid.
There has to be another CR coming soon?
As for the tech, what sells it for me is scale-ability of the CCP platform, and we are now seeing this play out with the new energy tags and GPS tracking devices - all connecting back to the underlying CCP cloud platform. This allows CCP to start experimenting with many different types of monitoring devices, in and outside of the hospitality industry.
I have been contemplating similar thoughts. The CR we were all...
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