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09/02/22
17:01
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Originally posted by 4hrworkweek:
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revenue is just around the corner.. products to sell are just around the corner they are building a demonstration plant so that prospective customers can get samples to prove its commercial viability.. how about just infrastructure has to be built.. we have a lot of blue prints they show us what things should look like and talk about hydrogen powered transport being sought out.. $140 million needs to be raised for all this.. that is a shit load of money for a stock that hasn’t delivered. I think they are realistic with what needs to be done but I think it’s going to be way harder raising that much especially if there’s any doubts.. 6 billion shares prob means nothing to management but it should to holders. What’s the cash burn per quarter? How many quarters will that lasts.. that money is basically the money from the last CR in 2021.. i appreciate you having a crack at answering those but your just snacking on what management feed you in there Ann’s.. and it’s not complaining it actually in response to someone who said they couldn’t believe the sp was this low.. man I can and I can see exactly why it is for the exact reasons I listed..
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Also be glad that we still have that money in the bank from the last CR as with some, it would have quickly vanished.