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Re: MessiBelgium post# 2129

Sunday, 12/02/2018 7:40:31 AM

Sunday, December 02, 2018 7:40:31 AM

Post# of 5991
Messi, here is the quote from the CFO regarding the need for additional financing

[32:14] we've disclosed in a, in a reasonably filed registration statement, the basic outline of our revenue expenses over the next 12 months and it is apparent that the company will need capital from some source. Additionally, it's critical, to strengthen our balance sheet in order to be viewed as a reliable partner and supplier to these large leading customers that we are working with. I do want to say that we have a number of funding options that could potentially minimize dilution to shareholders, including, as I have said in the past, those warrants that are outstanding, which represented very significant capital influx to the company should they be converted. We would look to those as our, first non-dilutive, kind of capital source, but we're looking at others and, uh, obviously as shareholders ourselves, we're interested in minimizing dilution to our other shareholders.

So hopefully if there is another PO it will be more similar to the March 2018 financing and not the disastrous late 2016 financing which was highly dilutive, ideally POETF is close enough to large commercial sales that they can get off a decent PO, or perhaps even issue some convertible debt offering, or if with a couple of choice news releases on additional customers engaging for protos and development they can simply get the share price above all those warrants out there and avoid any further financing all together, it is possible really, keep in mind, just on the announced three Tier 1 customers, that by late 2019 there realistically could be orders for commercial product in the tens of millions materializing, now that exciting!

"copy/pastes" from News Releases/Presentations are all TRUE FACTS and NOT "hype" as some kooky knuckleheads would like you to believe

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