CRCL is too speculative; it is pre-revenue, burning capital to fund expenses/salaries, and has a small balance sheet.

of Well, they've got enough to pay their bills. Wait, this is a tiny balance sheet. 10 million bucks. This is a small company. Current liabilities of seven. They've got cash to pay the bills. They have cash to pay the bills.

So that's fine. And if I go to revenue, yeah, no revenues. So it's just they're just burning capital. So they're pre-revenue. I mean, it's a this is a concept of a plan is what this is.

And their their cash flow is negative6 million bucks in six months. They have to raise uh cash. Oh, come on, man. What are you talking, dude? The guy literally said on Bloomberg, I mean, maybe I misheard it, but the guy's literally like, "Oh yeah, we've been fortunate to have to raise less money."

What do you, bro? Like, you are literally purely raising money to fund expenses. It's all going to cash flow or uh to to expenses to your net loss.

Like it's one thing if you're raising money and the company itself is like running an operating profit and the money you're raising is going into like expanding or you know whatever some kind of margin accreative project or plan that you have.

The company's just basically raising money to fund salaries right now. That's pretty early.

too speculative. Although $96 million market cap, that's tiny. You know, people can meme trade that.

Uh let me look at yesterday as well. I want to see if there's any Waller commentary maybe from yesterday.