Jul. 20 at 9:42 PM
$SLE Matt may promote raising
$26 million in capital, but he now runs a company that has a smaller market cap than the company before the capital infusion. How is that even possible? You raise
$26 million, pay off all debt, make a major acquisition, still have over
$11 million in cash in the bank, and you run the company to a valuation lower than before? Unbelievable. A CEO worth his/her weight actively defends the valuation of their company to build trust with shareholders. Hardly anything we've seen from this team.