Yes, found it in the previous two Annual Reports, "We have adopted certain anti-takeover provisions. We are authorized to issue 4,040,000 shares of preferred stock, which may be issued by our BOD..." This statement may be zero or near zero now???
In 2016, the Meany/Silcock plan to improve shareholder value resulted in NO Preferred shares, the Common shares went from roughly 32 million to 35 million shares.
No debt, because Meany is most conservative.
The Largo manufacturing facility may be owned by MKRS, i.e. no rent. I searched the 2015 and 2014 Annual Reports for the words "lease" or "rent" and the word "rent" appears only once relevant to "The majority of engineering costs consist of (i) salary, wages and related fringe benefits paid to engineering employees, (ii) rent-related costs, and (iii) consulting fees paid to engineering consultants."
EXPECTING GREAT NEWS IN THE IMMINENT ANNUAL REPORT.
There should be some dollars for the commercial contract if not more detailed explanation of the commercial contract.
