Soluna Holdings' CEO John Belizaire Addresses Shareholders In Open Letter, Publishes Earnings Power Highlighting Path To Profitability
Portfolio Pulse from Happy Mohamed
Soluna Holdings CEO John Belizaire published an open letter to shareholders, discussing the company's challenges in 2022 and outlining its path to profitability. The focus for 2023 is on energizing and commercializing Project Dorothy, with positive cash flow expected in the second half of the year.
June 22, 2023 | 12:14 pm
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Soluna Holdings CEO's open letter outlines the company's path to profitability, focusing on Project Dorothy and expecting positive cash flow in H2 2023.
The open letter from Soluna Holdings CEO John Belizaire addresses the company's challenges in 2022 and outlines its path to profitability. The focus for 2023 is on energizing and commercializing Project Dorothy, which is expected to bring positive cash flow in the second half of the year. This news is likely to have a positive impact on the company's stock price in the short term as it shows the company's commitment to growth and profitability.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100