- The company is in a lengthy transformation to a new SaaS platform, but it’s producing large losses and bleeding cash in the process.
- The company is running out of cash within a couple of quarters. However, there are very few signs yet the transformation is producing results.
- While the shares are dirt cheap, they are not unlike out of the money call options. There is a chance of big returns, but losing your investment seems more likely.
Time Is Running Out For Marin Software
October 17th, 2018 · No Comments