I love so much about this company but they are in such a tough position because of such an unfortunate run of bad luck. Having 10billion shares on issue and only $600k in the bank is hard to get through. So far they seem to be doing well. There are some massive highlights in this report.
- The patent for ATEN is finally through. I have no idea why this didn’t warrant a separate news release when it happened. Even now, it’s hidden in the pages of text. Id be shouting this from the rooftops to try and gain investor interest.
- Ecoquip is going to become a really important revenue stream. All of the mining companies are being pressured to move into clean energy. The interest from FMG and possible contract negotiation with BHP will be a great cash boost.
- The Volt Claim Trial Is ongoing and by the sounds of things, Volt rejected a settlement offer. In my opinion, they must think they’re on to a winner here. To reject an offer in their position must mean they’re confident.
Full disclosure, I’ve been following VPR for a long time and unfortunately cashed out my shares 3 weeks ago. I immediately regretted doing it but will definitely be looking to re-enter into a position in the next month or two. I remain worried about their cash. I fear that if we hit $0.004/$0.005, we’ll see a further capital raising.
Good luck to all holders and all of the above is my opinion only.
Add to My Watchlist
What is My Watchlist?
