I thought the presentation was good. My advisor/broker had a presentation from the Chairman, CEO and CFO and was impressed by what they had done to date and where they were heading with the company.
The capital raising suggestion in the release was clumsy, but if you read it several times, it seems that the company can head back to profit with its current cash reserves and would only need to raise cash to rapidly expand.
Apparently the company would not provide the brokers any news on further new business wins, saying that any news would be released to the market.
So maybe there is news coming????
Also the Chairman said that they wanted to round out their board with a capital markets expert, so maybe once appointed this will assist the "high powered deep thinkers"
I'm holding I have enough intrigue to see if they can get things moving.
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I thought the presentation was good. My advisor/broker had a...
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