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Re: JBH87 post# 1624

Friday, 07/27/2018 10:23:22 AM

Friday, July 27, 2018 10:23:22 AM

Post# of 5702
The reason there could be a decision to make is if Tim is being honest about all the current orders/commitments and potential orders/commitments, those amounts could be around $50 to $100 million in sales. Also, if this product is going to be a game changer for the Mexican farmers and possibly the military they need to get product out the door sooner than later to prove that it actually does what they say it will do. Therefore, if this current non-dilutive financing approach does not work or takes too long, then move on and try to issue more shares in lieu of convertible debt. The margins are supposed to be very good according to Tim when he says each unit will be profitable on delivery. So with 200 million shares outstanding not including warrants, options, etc. and more dilution to raise whatever funds are required to get production started, the pps would be higher if they can deliver the $100 million in sales over a one year period.

Figure out the different scenarios of profit margin on sales, estimated fully diluted outstanding shares and multiples on earnings and it will always come out more than the current pps. MUCH MORE!

That is why a real decision needs to be made to get funds and get production started!