Any developing company is going to burn through cash to get established. The trick is to become cash flow positive before the dilution from cap raises becomes a problem. Our revenue has been patchy, however we have many projects on the verge of giving good revenues. The ongoing viability of the company is not in question, just the number of shares on issue before we become self sustaining.
This is why Cannifarms is so important to us. Not only will it be a commercial showroom, but also provide us with cash to hopefully prevent any more cap raises. We can expand it as cash allows.
RGI Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
