RGI 0.00% 22.0¢ roto-gro international limited

Ann: Roto-Gro Finalises Order for 240 Units, page-58

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  1. 2,790 Posts.
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    I agree @Matt Adl this is a company focussed on growth (excuse the pun) and they are clearly not messing around with the "lite" version. Straight to the main "App" so to speak.

    I have a question though.

    EuroAg has ordered 240 machines. Now as far as I know, they are a financial services company (based in Perth?) and are to be a distributor of Roto Gro machines.  Are they simply positioning themselves as ground floor backers/distributors to monopolise the distributorship?  Would be a well calculated roll of the dice.  Do Euro Ag have any forward orders?  No idea as they are a private company.

    I'm just not sure where this purchase order actually endorses the technology.  I would like to see an established growing company with a license take on the tech with a big order, as we all would!  

    Is it possible that EuroAg are ordering ahead to enable them to start their own production once they receive their own license?  

    Is RGI in or intending to enter the growing business and possibly via EuroAg (financial backers)?

    All speculation, but it has got me wondering if EuroAg is a vehicle for another arm of the RGI business ie, the growing arm.  
    Great way to get up and running. A finance company purchase your machines and promise 60 420's pa to retain distributorship all the while they establish a backdoor growing operation for RGI. Cash flow and capital and contract.
 
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