RGI 0.00% 22.0¢ roto-gro international limited

the ship keeps on sinking here...highlights:- blame covid19 a...

  1. 14 Posts.
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    the ship keeps on sinking here...
    highlights:
    - blame covid19 a lot as the headline for failing business
    - cant get a licence to grow green
    - cant cut a deal for growin veg - but did a financial model about it (wow) after 2 years on the project
    - keep on talking about how they are going to make sales but havent made any
    - keep on tinkering with the machines to improve performance but still cant sell any or get a partnership going
    - running out of money and will become insolvent soon
    - trying to stay afloat with hybrid debt that will be expensive & benefits the funder over existing shareholders.

    not sure what the upside here is?
 
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Currently unlisted public company.

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