Having looked into this company quite extensively it appears as if this should be the last CR before revenue steps to a point where they are able to run at breakeven or CFP. Caveat being the unknown uptake of their LaaS model which would obviously increase cash outlay.
IMO as long as they are able to get this across to investors the CR will do well. Only reason I’d not yet taken a more meaningful position was due to the obvious cash shortage near term.
Circa $16m revenue and they are on the home stretch
VIV Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
