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Monday, June 12, 2017 6:33:53 PM
As it stands it has 15 robots to assemble and deliver...
that equates to 100k per robot to assemble and deliver, which in the end leaves RAD without money...
RAD need to get some serious contracts and cut costs exttremely and work on it's margins...
omvs for all arguments is bankrupt right now in my opinion, which in turn RAD will be once it merges with OMVS, thus a securities offer and toxic financing will have to take place in order for RAD to move ahead, hence the need for RAD to go public as it can not get conventional financing as it stands...in my opinion...
the rise and fall in pps recently is dilution in my opinion...
only when and if OMVS does a timely filing of financials, which if it doesn't will put omvs in defauult on certain notes...
financials will clear up the ongoing dilution as to how much has been done..in my opinion....
either way 2 months away is the merger deadline and omvs's history of LOI's merger may not happen...in my opinion
financials will clarify alot..
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