3 ms·

I had not heard they went IPO. They are a penny stock now? Looking at those financials... yikes. I am kind of shocked how poorly they are doing.

• pkphilip 3y ago
  What happens when the company goes down? they will still have the DNA databases
  • kibwen 3y ago
    Correction: the highest bidder will have the DNA databases.
    • atemerev 3y ago
      Qatari government is always happy to help.
      • rchaud 3y ago
        How about the "Russian-born billionnaire" neighbour? Seems like he put in a pretty penny as well.
  • incomingpain 3y ago
    there's no guarantee they will go under. They have low debt and while unprofitable and a relatively reducing number of potential customers. Their huge problem is hackers. All the latest news is how hackers have grabbed up those databases. What's likely to happen, they'll self restructure, get to profitability, start a stock buyback program. But IF and WHEN?
    • rchaud 3y ago
      No company that had to go public via SPAC is going to bother with all that. The whole point is to pump and dump. This company will be folded into some drug company for its "IP".