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1. Minima+(OP)[view] [source] 2025-07-25 02:49:23
That letter really does not inspire investor or employee confidence. Seems to be written to falsely bolster a sense of we-have-it-together-folks, but nothing seems to be a concrete plan to generate capital. So far, they announced lay-offs and discontinuation of several plants to save capital, rather than precisely pointing where are they signing new customers. Interesting times. We are seeing a new Kodak in the falling.
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