Wednesday, July 29, 2015 7:20:07 PM
Here's my take after reading the entire report.
1)Alkame has a great product with outstanding potential. We all knew that. YAY!
2)Management is trying to clean up the messes created by Xtreme's management.
3.)Alkame is selling significant bottles of water. HURRAY!
4.)They need some kind of cash inflow/financing in order to expand their operations to the level necessary to make them PROFITABLE. That said, they're losing much less money than in the previous year. YES!
5.) In order to be successful, they need a serious lender or angel investor to enable them to reach "escape velocity."
Fellow investors, it's a good report. Your investment is secure for the moment with significant upside potential. However, unless Eakle et al can get their hands on new capital, we are at risk for significant share dilution for the remainder of this and next year.
All in all, IMO, I think we've weathered the initial storm of startup risk. Pray for manna from heaven in the form of bank financing for receivables or something similar that won't cause further dilution.
Cheers to all!
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