the ship keeps on sinking here...
highlights:
- blame covid19 a lot as the headline for failing business
- cant get a licence to grow green
- cant cut a deal for growin veg - but did a financial model about it (wow) after 2 years on the project
- keep on talking about how they are going to make sales but havent made any
- keep on tinkering with the machines to improve performance but still cant sell any or get a partnership going
- running out of money and will become insolvent soon
- trying to stay afloat with hybrid debt that will be expensive & benefits the funder over existing shareholders.
not sure what the upside here is?
Ann: June 2020 Quarterly Activities Report & Appendix 4C, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)