Worksport Ltd (WKSP)

[buckyboy]

Rossi may indeed move forward with another attempt at a CSE listing. From all accounts, the only hindrance to their prior efforts was the lack of 500K capital (cash) on their books. Well, that problem is clearly solved as WKSP heads toward 2M and potentially 4M with their current capital raise. Might open more doors to bigger traditional micro cap growth investors.

30 patents/trademarks on the books
2nd production facility coming on line this year
Potential large revenue stream coming from Terravis

Company did 3M in sales 2019 with basically zero capital and one production facility. They didn't have enough capital to bolster their inventory. There orders were there then, and they are there now. Now they have capital, and I'll say it again...a 2nd production facility geared strictly to the North American market coming on line. Non competing SKUs will be produced in both facilities.

CV19 may be under control during the 2nd half 2021 in America. The job market should begin to recover soon. I would expect an explosion in sales 2nd half 2021. My assumption is that Rossi gets his 2nd facility on line quickly (NT June 2021). This has always been his absolute strength...building outstanding innovative patent protected products.

Just a little rant for a Sat morning.

Steven Rossi
@StevenRossiWKSP
·
3h

Interesting I just thought about it! We may. I am not sure exactly but we will consider it again. We defiantly meet the requirement.