Thursday, August 31, 2017 8:57:56 AM
We have 4 months until we are flat broke. We cannot afford another hiatus. If Randall does not commence a viable and creative funding measure by the end of September, we need to vote him out and replace him, or we're sunk.
Good PR is a dream and will not raise our SP, at least not anytime soon.
Issuing bonds is a death sentence unless you can find a guy who's really good and has proven he can convince people to buy in our junk bond rating situation (No revenue).
A partnership could bail is out but seems unlikely with the anemic shelf offfering and us being so far from commercialization.
No word from leadership about how to move forward with funding.
Companies are valued based on their returns. We offer none currently and not looking like we will any time soon. so we are only as valuable as our SE and IP for now. Not an attractive asset even for a risky one.
My confidence is waning. We need better communication on the finance plan.
We've picked this apart over and over. The only new thing I'm offering is we need to get serious about a new proven and creative CFO before it's too late.
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