NewHydrogen Inc. (NEWH): New 10k out. Oof... New share count i...

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Nestegg McMuffin

Re: molee post# 4187

Thursday, 03/21/2019 6:21:33 PM

Thursday, March 21, 2019 6:21:33 PM

New 10k out. Oof...

New share count is 71.6m.
Up from 46.5m last year.

https://www.sec.gov/Archives/edgar/data/1371128/000121390019004620/f10k2018_biosolarinc.htm

I had to cover my eyes at the rising debt.
And yet this isn't a profligate company by any means. Rent on the office is a mere $550 a month.
It's just taking an inordinately long time to arrive at a sniff of a commercially viable battery prototype.
So with each debt-mounting year, the proposed battery tech needs to be that much more better to turn this around. These are smart science people, but still.
Investors relations don't seem to have any crumbs. Doesn't help that there are so many other tech ventures toiling away to find a similar leap forward in batter tech.
Fingers crossed. GLTA

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