Jul. 3 at 3:01 PM
$SRFM to all the bears that came out of the woodwork after the PR about restructuring debt. You Keep citing how much debt they have, and how they aren’t cash positive. This is only valid if you believe things will stay that way. They’ve barely launch broker OS and already have a
$12M contract. Owner and operator OS will be launching very soon. Having the assumption that debt and operating losses will continue to be a going concern is predicated on the theory that SurfOS falls flat on its face and does nothing to improve revenue and decrease losses which it’s already been proven to do just that. A
$12M contract is more than enough for proof of concept and a demonstration that there’s real interest in this software from the private aviation industry, the numbers have also already been reported on what SurfOS is cutting from losses from their own airline operations. Call it a long shot, high risk high reward, a swing play, or whatever. I see a company growing and improving their business