Has anyone else noted that the lenders Chimaera Capital Ltd actually hold 3mill shares and 3mill in options? Did they participate in that 0.70 institutional capital raising? I'd say that they have incentive to make this work.
As for the temporary production decrease, I suppose that is what happens when you look at automating most of your line?....unless of course it is all 3d printed overnight?
Would much rather them set the standard from the get go. This Robert Mencel has obviously come in and said "right...let's get it right initially so that we don't slow things down in future when the bigger cash flow hungry shareholders get on board and don't allow us to" He of all people given his history would understand this. The timing of events lately would seem to fit with this hypothesis.
VXL Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held