Originally Posted by
trader_jackson
the report ticks all the boxes, and they aren't going to provide an update on tests processed every 5 minutes... (or 3 months)... they haven't completed key avenues for sales yet, would be like trying to sell fruit without any physical presence to sell fruit (ie a retail shop or warehouse)... and then expecting the fruit shop to announce record/huge numbers of sales... but this is the illogical logic of sharetrader members... (although PEB may not have helped being clearly a bit to optimistic a few years ago)
The cash burn, of which they have plenty, continues, as it does with any growth company... the 1200% increase in sales is certainly possible (once the appropriate avenues are open), as long as income is increasing more than expenses, I believe, as it has been pointed out several times before, PEB would be cash flow positive in a few years, no more capital would be raised and profitable by 2020 or so.
Anyway, patience is a virtue some don't have, nor understand
As I said about half a year ago, give it 2 years then lets go over things with a ruler :t_up: