Thursday, December 28, 2017 12:08:20 AM
1. There should be around $4Million in cash available right now. Like never before & plenty to operate. Four (4) times more than at the end of last quarter.
2. 48 Million warrants @ 62.5 cents average = $30 Million available cash. This should be a continuous cash supply for the next 18 months or less.
3. GB entered in revenue mode and its bound to increase rapidly. Now more so with the cash available.
4. The Cura oil deal should commence operation any moment. This represents a steady free cash flow.
5. Trials of the MCCM mixtures will commence in 2018.
6. We are getting all the press you once wanted and more.
Do we need further financing to operate for the next fiscal year? I'm betting heavily that this is not the case.
128 M OS
21 M shares from pending notes and warrants
51 M warrants or so.
Thats about 200+ shares fully diluted out of 250. The increase to 400M shares should be automatic.
Companies need financing all the time. What matters are the purpose and the terms. The terms depend on the financial condition of the company, and GB is financially far better than 12 months ago. If you can't see the liquidity that's coming and can't stand the stress of the OTC then move on to better markets.
All management has to do now is fulfill the expansion plans and projects to meet the market outlook.
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