"Show positivity and acknowledge the importance of the
work management and scientists have achieved in the past 2 years they have turned this company around."
how have they turned it around?
anyone running the numbers on this company would say we're in worse shape than before David started.
Sure, we're working with Mercedes but we have no guarantee they will adopt our technology and if they do, what are they going to pay for it?
What happened to all the partners? What happened to all the deals? MOUs?
Not one development deal has been delivered. David told the market his goal was to have one development deal with one EV company by September last year. Why are we not doing any of this work under a development agreement?
Is the company hoping they can extract more value for us by negotiating at the finish line?
But we aren't dealing with small players here, they'll most likely give us the terms they want.
They would've been watching how this company has been funded the past 15 months or so.
3 highly dilutive capital raises at a rapidly decreasing SP
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