Resonant Inc (RESN) Up 200% Since Its IPO; 8 Key Questions

Resonant Inc (RESN) Up 200% Since Its IPO; 8 Key Questions by guest

Resonant Inc ("RESN")  is a $145 million market cap Jobs Act IPO that is up 200% since its IPO last May, has no revenue, has no venture capital investors, has underwriters with questionable performance, has significant product risk, is cash flow negative and trades at 10X book value (which is mostly cash).  The stock is up due to Seeking Alpha articles and other promotional activity as well excitement over the anticipated completion of Milestone 4 which “may” then lead to revenue generation in the second half of this year.

The company is a late stage development company...