It is amazing that people think this LIFx is good and OHM can find a market that will see the growth required to breakeven in 8 months. Who cares how much revenue they are doing when they are bleeding cash and cant stay afloat, in a consumer market where these bulbs are at best novelty factor and retail price will fall over the coming year. Good luck to everyone who is doubling down on this stock, I hope it pays off. I am firmly in the camp that this deal is unlikely to proceed given the drop on SP. IMO and GLTAH I hope I am wrong and this deal and company pays off, I would be happy at breakeven, just cant see this happening for sometime, market cap would have to be north of $200m for this to happen.
BUD Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held