Nice of the company to acknowledge some of the points I was raising many months ago and when the SP was much higher...
Pg 5 "Ambient air creates Ozone (O3)"
"Output by-products are only water and ozone"
Then there is all the information about the "neutralizing filter", whoops, sorry, they seem to have dropped anything about a neutralizing filter, and with a by-product of ozone means they are NOT neutralizing it at all.
What's left?? An ozone generator. Is a company with some, not all (no agricultural use), licensing rights to an ozone generator, of which there are already many on the market really worth $31m?? (current Mcap)
When I first invested in this, I thought it was so much more, especially because a billionaire had invested and joined the board (BP). I suspect there are a lot off investors in this that still can't believe it is only an ozone generator, despite the company confirming that in this presentation.
I wonder how far off the cap raise is, with this sudden presentation, (it's the sort of thing a company produces just before trying to raise capital) noting they are out of cash as per the last quarterly and now in debt, given the $182k cash left at Dec 31 2020, and liabilities of $789k as per half yearly report (as of Dec 31 2020).
They have also spent more this year, with ongoing research and development, just like every year for the last 5, without producing a marketable product...
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