A few more bits of information in the Quarterly.
The Supra acquisition is being done at 52c an issued share, not 40c. This means considerably less dilution! I have clarified with the company as to which is correct and confirm it's 52c. I did wonder why the figures in the initial announcement didn't add up to $11m.
I can also confirm when they say "Freshero is expected to commence growing trials next quarter, with the parties to then negotiate a binding agreements" They mean this Quarter with the trials already underway. Again I have confirmed this with the company.
Gibio is in the final stages of the design of its first facility. Once construction is underway I think we'll get quite a bit of interest in our company. Investors will realise this massive project is going to go ahead & see the revenue we'll generate from it. By the sound of the level of automation, it'll be a state of the art facility, a showcase, that will generate a lot of interest in Rotogro.
Once again the cash burn for admin, staff etc was less than $1m so they are still operating quite frugally.
