Blitzer
I totally agree with your sentiment. However with current management not sure it will ever be a bargain.
Seems there is a one way valve here so I doubt said digit will come out or said orifice.. Hope such is not the same with water.
Technology seems pretty exciting and the space is incredibly well rewarding if they get it right.
But given your request it appears it is something which is 2 years out as most stock i can tell from the prospectus is escrowed.
Given the current market im not sure they will be able to raise for a very long time unless they quickly get an operation going.
Do you know anything of the CEO?
For a small raise using all the right moves check out BPL. Now that a well managed listing. Coverage, coverage coverage.
I know one of the directors and they themselves have spent over $1M to date so thats skin in the game as far as im concerned.
They ought to take a leaf out of BPL book!!!
Good luck
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