Blake I agree the market moves in crazy ways and when this...

Blake I agree the market moves in crazy ways and when this startup was getting valued at 150mil I was cheering just like you but then reality bites. My money is tied up in this just like you. I want this to get off the rocks and onto the freeway but there are so concerning issues which need to be cleaned up. For one since 2021 the share count has jumped from 1.26bil to 2.06bil this has to stop at some stage or they will become worthless through pure dilution. it makes its harder to make your money back the more it is diluted. On that note that means the company would have to have a Market Cap of 240Mil now for you to recover your previous circa 12cent share price. The market is not what it was in 2021 its far more cautious, interest rates and macro economics have done their job.

I'll detail some of my short term concerns: The first of these is cash and our ability to stay afloat until operational.

This is from the latest Quarterly: We have consistently burnt 1-1.5mil per quarter since the accident and that money doesn't just keep appearing we have to keep acquiring new investors or loans. This was even picked up and the company was asked to explain how they will continue.




Next I believe Altor are also getting itchy feet and asking their loan to be repaid early. The interest rate on this loan is hefty as well which is hurting our cashflow.

I think management need to be up front and honest with its investors there has been little information or honesty around the state and future of the business. The fact we apparently have a new name or subsidiary and nothing has been conveyed to the current investors is bizarre. We need solid evidence of progress on the rebuild and timeframes from which the company will be operating.