Feb. 2 at 6:38 PM
$KITT
Looking at strictly fundamentals of this company, I don't understand why they would have interest in almost doubling the shares by dilution? And then no doubt r/s on us to really shit on us.
The reason that this doesn't make sense to me is that the financial fundamentals, actually look rather good. In my opinion, at least looking in the past 5 years, I'm not very privy to the info on how they feel about future financials, but just from looking at past and current money flow/ revenue/ debt/ assests/ etc. I just really don't see why they are needing so much more money unless they are trying to make an acquisition of a company and or make huge investments into future equipment or technologies.
Can someone help me out with this one, I just havnt seen such solid past financials, at least from the metrics I am looking at, on a company that can barely stay compliant, and is doing r/s, diluting etc...
