@side_showblob@RezolveAi He forgot that there might be a reason why institutions and funds are not investing on this. That is due failed promises/CEO's british arrogance/low cach margins/No profit to be seen in at least an year...
$RZLV Cash and cash equivalents: $33.2 million on June 30th. And if they expect break even on cash burn by end of H1 2027, cash will run out? So prepare yourselves for another offering. Kinda easy math here.
@MrFACTS1717 Well, cash margin is very low so kinda expected. Cash and cash equivalents: $33.2 million by June 30th. That being said probably more cash needed for operating costs if expected breaking even by H1 2027.
@carsten05023137@RezolveAi I don't do shorts. But gladly dumped this off after seeing that massive cash burn on H1 results. But good luck holding this if you still do ππ
@RezolveAi "But on 12 January, all staff received a bizarre email from Mr Wagner. The subject line said, "Long live the legacy of David Bowie".The email featured a photo of Mr Wagner dressed as Ziggy Stardust in full make-up with the caption: "I don't do tributes in half measures!""
@MrFACTS1717@RezolveAi@Nasdaq@realDanWagner I posted a question about cash burn via website, and sure that many others posted too. That Q2 webcast was a dog and pony show, nothing else.
@ChalsGT@realDanWagner@Meta@RezolveAi Yes, great day for fools still holding this. Well, when Dan posted a website endorsing his career after cash balance failure..Did you ever think run, and fast!
@realDanWagner@Meta@RezolveAi Nasdaq investors need to see cash coming into balance sheet too. Not only burning it. So tell us when to expect profitability, and DO NOT fail that promise.
@realDanWagner And I might be the only one, but these kind of posts bring on to my mind: "Look, uncle Dan has a rabbit here! How cute". As if they would draw attention from low cash position and possible dilution.
@realDanWagner Well congrats for that. However Nasdaq listed companies are not the same as in England where vague promises are enough for shareholders. So show us path to profitability with clear numbers.
@ShejiTechy@realDanWagner Yep, and that being said cash reserves will likely run out before positive EBITDA happening. That meaning another offering and dilution.