A funding announcement so that BRT can actually afford to begin manufacturing so that Walmart and the like can have confidence that their orders will be processed and delivered for Xmas 2008. BRT without funds can not begin manufacturing the amounts of stock that will be required to generate the US$20mill plus in orders that they have and the other US10mill+ they are likely to get if they can prove they have the funds and are legitimate and capable. BRT IMO needs to arrange funding VERY soon otherwise this will stall them this year and products such as the Marshmallow range are not going to be blockbusters for years on end. They need to find a Yankee bank, get a $10mill unsecured loan and pay the interest even if that is around 7% ATM. BRT then need to start manufacturing very soon, demonstrate their manufacturing capacity, generate the revenue and income. The share price will appreciate quickly and then maybe either do another capital raising at around 20c to pay off some of their debt or cop the interest costs for the next couple of years.
If I know that they need cash, anyone else who is interested in this company will also know, including the big boys. We are waiting to see if they get the funds, what deal they can pull off and then probably start buying with all guns blazing.
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