I suggest you read the 10/17 PR a little closer. It's a very clever play on words.
Simlatus Corporation (OTC PINK: SIML) (“Simlatus” or the “Company”) announces today that certifications and manufacturing processes are initiated to commence the manufacturing and delivery pursuant the purchase orders for the CBD Extraction Systems.
14 extraction systems are now in production
Initiated simply means the processes needed to get to the point of manufacture have been started. They already said the certification will take 90-120 days. And they just started it? Just started what? Have they even completed the design phase yet? They obviously haven't built the prototype yet if all they can come up with is a picture of a brewing vessel as an example. At best, they may have begun it's building, at worst it's still in the design phase and they will have to go thru a few more toxic debt financings to get to the point of actual production.
If worst is the case then they will use all the 10B AS and then some.
If they really wanted to effectively pump their stock they would provide a bit more verifiable proof that there will ever be a sale of their extractors. That will take a lot more that a few pictures of brew vessels.
They can't turn a tap production wise until the prototype has been built, tested, any necessary design changes made to achieve certification and then certification. That could take a year or so. But a year or so from what? Since they're keeping this whole process so secretive, no body knows.
Emotion free objectivity. Keep the chart simple, stupid.