This turd will be a single digit midget soon, and will revert back to $8 a share.
This company will be bankrupt soon at the rate it is burning cash and losing revenue. Their products are a big joke and nobody knows about them. Clearvale is just plagiarism of an open source social media product.
I personally wonder if the whole operation is a shell company to let Dr. Chen write off his business expenses.
PS, Yes I am a short, doesn't make reality any less true should you choose to disregard it. I put my money where my mouth is.
Bankrupt soon? Wow, what am I missing? cash burn of $5 million per year!! Worst Case scenario 2023 bankrupt. Other side of coin, the CRM market has 200 million users today of which only 20 million with the big gorilla's. Huge money grab for everbody and small amounts will make this stock explode. Really don't see your logic but they said the same about Redhat open source and look what happened to that company!!!
The CRM market may be large, but Clearvale is not. Clearvale is irrelvent into the market place. Not only is Clearvale not catching on, there is no profitability for investors as it is giving the product away for free.