$CLSK This is my favourite stock and am a long time holder. But what is the risk of an offering at this stage? How do you guys see this?
@Hacko Good question. I'm trying to make sense of their 10q. As of June 30 net loss is 16 million. They have $2m cash on hand. Seems like they are spending between 4 and 5 million every quarter on operating expenses/operations. This last quarter they turned a $545k profit. Double from the same quarter last year. The CEO said they did *not* use Discover Growth Fund's 4m to buy the most recent company they acquired. It seems bullish but I'm nowhere near where I need to be to understand all of this. Anyone with more understanding, feel free to chime in