“Infact there is more evidence that there continues to be issues as there hasn't been any updates to the hybrids sent to their third party contractor in January of this year.”
A lack of any update does not by default mean there are issues. This is not “evidence”. It’s an opinion and hypothesis, nothing more.
“All we've gotten from the company on that was that production was shut down before the heat wave hit and they are waiting on new hybrids.”
Weren’t we also told they “remain on schedule”? Maybe a different schedule than yours but, according to the company, they remain on their schedule.
“It's anyones guess as to what happened to the January shipment because the company ain't saying.”
True. It’s all guessing, other than the fact they they have stated they remain on schedule.
“So I dont see how you've come to the conclusion that the bottleneck has been solved.”
Suspect he was referring to this:
“That work has led to addressing a previously unknown bottleneck in both laboratory and commercial production”
So at least one bottleneck appears to have been addressed. It was one the company didn’t already know about so not sure if it helped with others or not.
“As for dilution, the filings have all but guaranteed it. The time frame is a guess, the wild card is Kim.”
Don’t the filings also refer to up listing as part of the plan to raise additional capital? Believe they go hand in hand. So raising cash and up listing, likely with a split as well.
Hopefully none of that happens before commercial production has been confirmed, shipments made, products released and new contracts signed. Then maybe the offering can get to the $4.25-$5.25 target with a much smaller split needed.
We shall see.
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