I could refer to much from today's cc, but I'll just mention one: They have eliminated all convertible debt, and in fact are completely debt free but for a revolving line of credit used as needed. And not only have the principles opted to take deferred compensation to a large degree in the form of shares, but over 90% of that has now already been converted.
And a few things in the till go right in 2021, and not only could they exceed the recently stated $2.1m revenue guidance for 2021, but greatly exceed it.
This is a build your position over time and hold investment, for the upside is tremendous, not just in 2021 but in the years beyond. They have a strategic plan they are actively and successfully pursuing, with many other major market directions they have intentions to expand into, and many more they can.
This is a major growth play with rock solid management making sound decisions, yet only in its infancy at the moment. Share price will be going a great deal higher in the month and years ahead. GLTA
Long & Strong!
Recent CBNT News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 09:30:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:30:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 03:30:42 PM
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