In an earlier post, I posted a teaser for a new investing thesis:
Yup, the numbers look absolutely horrendous:
The company has no revenue, and losses are chalking up y-o-y.
Balance sheet looks terrible too. Negative equity! Ouch.
So why is TTI even bothering to look into this, much less take up a position?
Here’s the story. And it’s going to be a long one.
Now, this investing thesis is likely going to