@tukebay ..."That means more news flow and hopefully promotion that could easily lead to a revisiting of previous highs prior to any CR. "
For a company that is currently operating on borrowed funds, with no source of income and trying to market and eventually sell a fancy ozone generator, that is a big call..
The SP has to nearly triple from here to get back to the price I last sold at.
Realistically if they had a good marketable product, it would have been in the market place years ago, but it still isn't.
It's nice to think positive about your investments, but at some point people have to realize it just is not what they hoped it would be. We can all go out and buy an ozone generator right now from a myriad of places. We can all go and buy a hydroxyl generator from lots of places. We can also buy products that currently produce both, so what is special about this company and it's project??
The answer is nothing much at all. If there was something special, it would have been on the market for years, with multitudes singing it's praises, yet even today we get lines like ...... "This review has resulted in a clear pathway to manufacture and distribution"
Another pathway to manufacture, pity all the prior similar announcements over the years came to nought.
IMHO there will be a cap raise well before there is any product available for sale and again looking realistically, it should be very soon, long before the SP goes anywhere near $6/sh.
The quarterly, apart from trying to inflate the progress, will show how much in debt the company currently is, plus a statement showing they can borrow more, as without a means of funds to last the next quarter, the ASX would not let it trade.
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