CEO's Answer For What It Is Worth
Below is the response: Qualitative answer on status of audits; and qualitative answer on issued and outstanding shares
Our financial team is currently working (and has been working) on all of our filings. We are waiting on a revised time frame from the auditor as I write this, and an updated and current I&O will be reflected once they can start getting them out.
We have refrained from putting any news out until all of our filings are updated, except to update our shareholders (as most recently posted). We do pass on some things through various social media platforms. However, there is nothing we can do about press coming from companies that are utilizing our services or our water and its technology.
With how much we've had going on recently, we've simply had to keep our heads down and cranking the work out. Most recent notable press from other companies that have released information is EVERx. We were retained to build a tangible product for them, and are the manufacturer, and allowing them to utilize our water technology. Yesterday we showed a pet product, a Hummingbird nectar that we are private labeling for a customer. Real Brands released an LOI to potentially run with a product that we developed, which of course we will be the manufacturer for. We are a lean and mean team, and we're effectuating an incredible turnaround now that the 3(a)(10) has been completed and the IP is being transfer over to us. With complete control of the IP now, people are just starting to see that these are just a sampling of the projects we have in the works. We haven't yet begun to explore and exploit the numerous applications for this technology.
As a savvy investor, you understand that the micro-cap world enables companies like us to raise funds through various convertible debentures. It is their right to convert as an exit, and although we have weathered the majority of the storm, we are right in the middle of cleaning up the books and debts. These funds have been used wisely, to pay down debt and move the company forward and come out the other side of the Xtreme acquisition with control of the IP, a huge success and major milestone in the company’s progress. Management is doing everything they said they would do, and while they have been putting themselves on the books for salary, they have yet to take any, simply because we believe in what we are doing! We have been working on many wonderful projects which you will see as they come into completion.
As always, we appreciate your continued support as a valued shareholder of ALKM.
