This company is very similar to another I'm invested in. So, I carry a certain amount of baggage with me. ( :
At this stage of the company's development, they're seeking commercial acceptance of TechroBond and have minimal revenues. Does their short-term success hinge on the industrial acceptance of the product or the retail? I suspect the former.
What does the company need for validation? A large contract?
I'm a little surprised that it carries a $300,000,000 market cap. The o/s is still 75,000,000 correct? I couldn't find the a/s (only preferreds, which are 5,000,000).
What's the situation with regards to dilution?
Thanks.
We are requesting the Transfer Agent to confirm:
The Issued shares remain at 300,471,362.
The initial stock issued on take over remains restricted.
That there has been 1 only person authorized to issue stock.
This letter will be published.