several large problems
Well Fundamentally, this company not even close to getting what appears to be a major filtration problem fixed yet, because they claim that they are negotiating contracts with several engineering firms - so that suggests two things 1) Problem is big 2) Going to take quite a while to sort out And they starting to think about capital raising which suggests that they are not confident that much revenue is going to occur over the next 6 months Watching on the sidelines at the moment as it appears this stock is currently being pushed up to allow a more reasonable exit price for a major shareholder. For all concerned I sincerely hope that this company succeeds and I'll be one of the first to buy when it looks like this company has turned, if it ever does. Still Capitalised at around $125mill
CMQ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
