Monday, August 08, 2022 1:15:53 PM
I am also forwarding this to a private investment group that I belong to, as a group we hold about 2 million shares of this company (on my recommendation) so it looks like I will not get tarred and feathered for my choice of company.
Here are the highlights:
1. The company has exceeded the milestones it has set for itself
2. Orders are being filled on time
3. Inventory is growing and is in buildup stage
4. The phone number on the press releases had a technical issue and should be cleared up within a day or two (whatever technical issues are)
5. Moving into the US on expansion is difficult and expensive but the attitude is that once the contacts are set expansion should move forward
6. Most of the funding has been through debentures and William is well versed in the market and does not want to give away the farm as far as share structure is concerned
7. William does not trade his own stock and he does not yet have an exit strategy so he is in it for the long haul.
8. There will be some interesting stock movement come this fall, (that's all I am gonna say about that.)
I am still considering this a buy and hold start up company with international potential..
Today's market cap is 3.2 million, (about the same as an empty shell company with no business attached to it.)
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