I agree with what you’re saying, it wouldve been nice to focus on moving to a cashflow positive or at least neutral operation in the early stages of ramp up by selling K99 to all the agreements that were already in place before shifting focus to K999 and getting that much higher profit margin once we’re in stable position.
The way the quarterly reads to me is that unless they sell their underused assets in time and for a sufficient amount of money, we’ll be forced into another capital raise to keep the lights on again in a couple months. It might make more sense to them operationally to set up all these new processes now on start up but another dilutive cap raise is frustrating
WAK Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
