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Saturday, July 11, 2020 11:48:13 PM
I haven't been here 'a while'... for the record. Been watching around a year.. only bought seriously about 6 months ago.
Anyway.... CEO has been pretty clear that he doesn't want to dilute, so I don't think we'd see any for a while.. if we did, I think it would be in good circumstances.
The MedRecycler won't be done with 'our' money, and I presume that if the model works and other municipalities see it, there'd be similar bond funding that we wouldn't need to dilute for. The downside is we don't get to possess any actual profit until the loans/bonds are paid off, but that's a small price to pay for not having to dilute to get this going...… and for likely not having to dilute to expand, as my guess is other bonds would look similar
I get the sense that the solar panel situation is the same kind of theme... We bring the tech, others bring the $.. We don't need a ton of capital to get our stuff going.
I'll note that our CEO put a TONNNNNN of his own money into this, used his house as collateral, etc... He has a personal desire to see this succeed, and to see shareholders succeed as well. Because of that, I think he's highly motivated to stick to his no reverse split thing, and since we're very near the top of A/S... that basically means no dilution.
Good luck in your decisions, and getting a good price on any shares you pick up!!!
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