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That is true, and you would assume that if he sold he would either work retained and draw a salary or hire someone at a fair cost. I think the company is too e
by tgtweak 3y ago
That is true, and you would assume that if he sold he would either work retained and draw a salary or hire someone at a fair cost.
I think the company is too early to realistically sell - but I don't think the value today is zero - it's likely worth at least 2x revenue today given growth potential.
Look at lantronix (nasdaq:ltrx) - the company that makes the "spider" product line - the original strap-on oob/ipmi. Worth $160M while doing $120M of revenue and losing $9M/year.
- throwaway2037 3y agoI am disappointed that NASDAQ and US securities regulators allows companies without audited profits to go public. "Worth" 160M? Not to me.