Days after quarter end it took to announce a reporting date:
Q318: 19
Q418: 49
Q119: 45
Q219: 62
Q319: now 74 days & counting - IR confirmed to me this week: no date yet
Days after quarter end it took to earnings:
Q318: 37
Q418: 64
Q119: 58
Q219: 86
Q319: Never?
Just for fun:
Days since announced the $200M convert finciancing from CEO & Tencent: 100
Days since financing was supposed to close (end of Sept as stated by the company): 64
Days since CEO secured financing to fund his $100M share of the convert: 59
Why does this matter? burned almost $500M in Q219 and had <$500M of gross cash at the end of Q2! They can put out whatever pumps they want - they're out of cash. #WalkingDead
This was supposed to be 74 not 64...
Days since financing was supposed to close (end of Sept as stated by the company): 74
And bonds trade at 35c...with a YTM 4+ years out of 36% (ignoring the embedded call option). If equity is a buy, bond investors are total idiots
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