Ann: Strategic Investment in Advanced Filtration Technology, page-24

  1. 4,077 Posts.
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    I emailed the Chairman and asked a few questions.

    The money raised in addition to the $200k will be used for working capital and basically keeping the company afloat.

    They didn't issue the full 15% of shares allowable each year so they might raise a bit more later if the price is right.

    He couldn't give me any further information on how Grasim is traveling or on ho New Forest is progressing.
 
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