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Echo Therapeutics, Inc. Message Board

akak99567 1 post  |  Last Activity: Jul 22, 2015 11:42 AM Member since: Aug 29, 2012
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  • akak99567 by akak99567 Jul 22, 2015 11:42 AM Flag

    TSLA, SCTY and SpaceX business models just can not work because at the end of the day, a business must make some profits to sustain. Growth is good, but without profits, sooner or later creditors will come knock at the door, and when one creditor wants their money, other creditors will follow suit.
    Both SCTY and TSLA lose money on every sale. When cash runs low, all they do is to issue more shares.
    The recent incident with SpaceX suggests that Musk is too overwhelmed running three businesses at once, and as the saying goes, one bird in the hand is better than two in the bush.
    Musk has way too much in his plates, and now that oil price is low, and SpaceX could not get off the ground, Musk's houses of cards don't look very good

ECTE
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