4 ms·
What happens when the company goes down? they will still have the DNA databases
by pkphilip 3y ago
What happens when the company goes down? they will still have the DNA databases
- kibwen 3y agoCorrection: the highest bidder will have the DNA databases.
- incomingpain 3y agothere'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 agoNo 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".