One of the questions on the call was about getting institutional investors on the register. Answer was that in 2021 they will pitch to this segment.
They needed the current raise to get themselves on the register as that is what the institutional investors want to see "skin in the game." Which is true, but also because they needed to set themselves up for the windfall. already 100% up.
So the likely scenario is another cap raise to bring the institutional on board. So from now till then the board's job is to get the company in a position that there is growth and profit visible in the future. For us we want to see the price rise well above the 30c mark to allow for the typical discount.
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