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clock Created with Sketch. 30/11/18
16:15
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Originally posted by Dentbumbo
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I dialled into the AGM and didn't think much in the way of new information was provided.Positives · Michael Malone came across to me as refreshingly candid. He rates the company technology and management highly.· The company have been talking to fund managers recently in regard to funding which will hopefully result in funding being sorted· The company met with 100 potential customers in Africa at Africa.com recently which will hopefully result in more binding MOUs / contracts Negatives · No revenue from 3D until mid 2019 o The explanation was that the 3Ds were focussed on customer demonstrationso While this makes perfect sense there was no acceptance that shareholders expectations have not been met ie: the company released an announcement saying they were making revenue but never released a subsequent announcement to say things had changed.· Time was too brief for questions and key questions remain unanswered.
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"the company released an announcement saying they were making revenue but never released a subsequent announcement to say things had changed."
