This comment is on every S1 thread. And every time someone mentions that it is essentially standard copy for all S1s, because you can never guarantee anything on the market.
The admission that "we've never made money and there's a good chance we never will" being boilerplate S-1 copy is monstrously troubling.
When no one needs to see that a company can made a dollar before investing because profit is for suckers and this company's probably going to be a unicorn, maybe that's the stock tip from the shoeshine boy.
For a business to really give a positive, something needs to change, otherwise they stay negative.
Edit:
> and we expect we will continue to incur net losses for the foreseeable future
That is not a common statement.