The company had the lowest reported revenues in the last 4 quarters. Yes, LOSSES were slightly better, but still lost $1.3 Million.
They need to more than double revenues just to break even on a P/L.
No way this company makes it.
And yes, they will need to raise more capital. No way around it.
And come on folks....a year ago it was "KFC KFC KFC" how did that work out? Now you are jumping on the McDonald's train? Seriously, the largest fast food company in the world is going to send their digital signage business over to this outfit? Do any of you have any business background at all? You think Keyser isnt representing a multitude of options?
I am sure a dozen McDonalds in NYC does in a month the revenue that Ronin does in a quarter.