AEB 0.00% $2.57 affinity energy and health limited

Ann: Quarterly Activities Report and Appendix 4C, page-6

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    So basically everything has ground to a halt and the production facility is on care and maintenance.

    The only saviours that I can see for this company is a buyer for the algae side steps forward and is willing to pay a significant sum, sufficient to clear most, if not all, of the debt or if someone is willing to stump up big dollars for a placement to clear the debt and fund the medicinal marijuana production plant in Malta.

    AEB still appears to be in discussions with RGI for supply of their growing units judging on RGI’s latest quarterly. It all hinges on funding and then a final agreement. Payback for RGI’s growing units is sixty days so it is possible, remote as it seems now, that AEB might, very big might, trade out of this suspension, but it’s going to need major dilution to existing holders and it won’t be the billion dollar company that the board, Snoz and others on here having been proclaiming.
 
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