Thanks for your input, but that really doesn't answer my questions. How easily can this be copied and how strong are their patents. Why have they had no offers from other large manufacturers of welding machines, if their technology is so much better? Also how much time really does it take to install a welding machine, that can't be the reason there have been so few sales? At the moment it just doesn't add up. Happy to be proven wrong but there are other investment opportunities out there in the micro cap space offering real earnings and growth with proven business models, which I would prefer to invest in at this stage.
I think their upcoming quarterly will be pretty ugly, showing almost no revenue. So the question is how long is it going to take them before they run out of cash and come back to the market needing more capital causing further dilution.
KTG Price at posting:
31.5¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)