That only leaves around 50 years before we go bankrupt - if we fail to earn another penny!!!!!
Shorts had better wake up and smell the coffee before the smell they smell will be their charred bahunkuses frying over an open fire! - LOL!
This company only needed 1/10th of its IPO haul to sustain for that long. There is PLENTY of capital to do just about any good idea there. I like the gambling angle, I also like the mobil app approach. How could ANYONE be stupid enough to short this stock now? The time to short it was the day Pincus filed is form 4 with the SEC. Shares were at 11.40 then.The time to cover is ASAP! This won't languish in the 2's for long IMO
Actually we don't really know what the burn rate is now, but with literally 80 to 90% of the FAT at the top eliminated because they fled over worthless stock option deals, or because they got the axe, we know that the burn rate is considerably LOWER. This company's gotta lotta legs in its current form. 18 months for the gaming license is nothing and the nuckle headed media pundits couldn't be more wrong about this. They're have egg all over their faces soon, very soon.