Look Imo, what you're saying has nothing to do with what I'm actually saying. First of all I'm talking about the short term. Everything you have written is from a long in the future view taken from the perspective they're profitable basically. Second, I have no idea why you are even writing about if/when they report profits the stock price will change? I mean who said otherwise?
In a market where you are operating at a loss, Have little cash reserves, with your stock in the tank, being shorted to death, AND with the current environment over the next possibly 18 months - that is a lot to battle against. In that situation The probability of death certainly is greater than 0%. And the statement that every share shorted HAS TO BE BOUGH BACK is false - The short sellers can win and the company can go bankrupt.
Now did I say they can't/won't make money or become profitable? Did I say they can't cut costs to lengthen their runway? Did I even say they will actually need money? Answer: No.
Jesus Christ on a cracker. Everything I am saying has to do with what you are saying!
Let's do it again, because you're back at it.
"I have no idea why you are even writing about if/when they report profits the stock price will change? I mean who said otherwise?"
YOU! You literally said that because the stock price will be lower in he short-term, it will mean the stock won't end up as high when (if) they book profits. I QUOTED YOU in my post above.
"In a market where you are operating at a loss, Have little cash reserves, with your stock in the tank, being shorted to death, AND with the current environment over the next possibly 18 months - that is a lot to battle against. In that situation The probability of death certainly is greater than 0%."
There you go again. You are conflating meaningful things and irrelevant things to paint a picture that suits your failed argument. I will break down that paragraph inch by inch and destroy it:
"Cash reserves:" meaningful. But unless you are doing a raise, and it's clear they have no reason to or plans to, as they've said as much in all disclosures, nothing has changed there in the last weeks or months. The stock price does not affect cash on hand. So... NOTHING has changed.
"With your stock in the tank...": LOL. There you go again. Trying to paint a dark picture with meaningless FUD. The price of the stock has ZERO AFFECT ON OPERATIONS. If they are going to make $1B in profit in 2023 operationally, they are going to make $1B in profit in 2023 operationally. Whether the stock is at $1 or $20. ESPECIALLY because Ruiz and Quezada own almost the entire company!! And of course the stock will be valued then at a commensurate level of a company that makes $1B. Why do you keep trying to pretend the price of the stock today MATTERS? Again, when/if they produce profits, the market will value the stock appropriately. Until then, the price of the stock is basically meaningless to Ruiz, Quezada, and the company. Only to traders and short term myopic retail suckers. Unless a principal is trying to exit, which obviously no one is/would. You don't have to "battle against" your own stock price IF YOU DON'T HAVE A REASON TO CARE ABOUT YOUR STOCK PRICE RIGHT NOW. Do you not understand? They own almost all of the company!! It's not like the shareholders can fire management for a poor stop price lol. They ARE management.
"Being shorted to death...": LOL. No, let me be more clear... LAUGH OUT F'ING LOUD!!! Explain how being shorted is something they have to "battle against." As I wrote just above, the STOCK PRICE DOESN'T MATTER RIGHT NOW. So the shorts have their way for a while, and when there is a catalyst that raises the price (or sooner) they have to buy back every share which brings the price back up. The ONLY affect this could have on the company is that it could be delisted from NASDAQ and trade OTC for a while. And the only affect that would have on the company, would be to theoretically affect its share price. WHICH WE HAVE ESTABLISHED DOES NOT MATTER RIGHT NOW AS MANAGEMENT OWNS ~95% OF THE COMPANY. When they show a profit, and the share price rises, they could uplist again. Messy, and a bad look, but again, relatively meaningless.
"And with the current environment...": Again, the current environment does not affect their business. The claims are the claims. They aren't trying to source ovens from the supply chain and sell them. The only thing the "current environment" affects is the short-term share price which we have established DOES NOT MATTER RIGHT NOW!!!
"T
hat is a lot to battle against..." AGAIN, NO. You're just trying to paint a dark picture with meaningless things that do not affect the operations in any way. Stop it.
"
In that situation The probability of death certainly is greater than 0%." And here is my favorite one lol. Do you think if a stock price hits a certain number the gestapo comes and takes away your company? Or do you think its like Logan's Run where the powers that be send you off to carnival and you die? THE ONLY THING THAT CAN "KILL" THIS COMPANY IS WHETHER THEY CAN CONTINUE TO FUND OPERATIONS. If they end up unprofitable (which NONE of your dark fears affect) then they will cease. But the shorts, the macro, and all your other nonsense have no affect. And NOTHING has changed operationally since the SPAC closed!
"Now did I say they can't/won't make money or become profitable? Did I say they can't cut costs to lengthen their runway? Did I even say they will actually need money? Answer: No."
LOL. Yes, the answer is YES. You literally f'ing said
"(they) have little cash reserves" as something they have to "battle against" (lol) that could contribute to their "death" in your post above that I have now quoted twice. You have no idea what their cash reserves are or how deep their pockets are as far being willing to support it if need be.
All they need to do is keep their head down and operate. Show a profit before they run out of money. But being that they were NEVER supposed to be generating revenue yet, NOTHING HAS CHANGED. EVERYTHING OPERATIONALLY IS STILL GOING TO PLAN. THEY STILL OWN THE RIGHTS TO THE CLAIM ASSETS.
My god. Congrats. You got my goat. Now please, for the love of all things holy and tequila... stop.
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