By Steve Moore | Friday 7 June 2024
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on “data science and machine learning” company Insig AI (INSG), in April with the shares at 17.5p I concluded suggesting forget meaningful “investment into sales and marketing”, a “equity funding facility” is to fund ongoing cash burn…and for how long?. What of now “Equity Subscription” and subsequent “Grant of options” announcements from the company?
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