Let’s stick with fact…TTT public announcement on 26 Feb...

Let’s stick with fact…

TTT public announcement on 26 Feb 2020

$25.5M Machine Sale Agmt with Global Defence Manufacturer

“AUD$25.5M Equipment sale agreement for two Titomic Kinetic Fusion (TFK) Metal Systems”.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02206955-3A535916?access_token=83ff96335c2d45a094df02a206a39ff4

Also, on 26 Feb 2020

Titomic completes $19M Oversubscribed Capital Raising

“Titomic successfully raised $19 million (before costs)at $0.80 per share”.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02207177-3A536008?access_token=83ff96335c2d45a094df02a206a39ff4

On 28 Feb 2020

Updated Video - $25.5M Machine Sales and $19M Capital Raising

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02208627-3A536339?access_token=83ff96335c2d45a094df02a206a39ff4

Umm… I cannot find the video in the link anymore.

I’m sure they raised the $19M capital with the announcement, but what happened with the” binding agreement with Composite Technologies”… “AUD$25.5M” …” Composite Technology will receive 7.5 million TitomicOptions”?The difference was received by cash?

Anyway, I am not against TTT technology, investors, and stakeholders. I will discuss AL3 here, not really for TTT. TTT has its own discussion space in HC.

FYI

Andy Sales mentioned news at the last Boeing Webinar on 28 Oct 2021.

-commencingSingapore operation within 6 months with 2 WAM units.