Emailed the CEO
Questions are posted with his answers in bold:
Hi Danny,
I'm currently a significant shareholder of MBST and
have around 500,000 shares. I've been with you for the last couple months.
I have a few questions I'm hoping you could answer when you have time:
It sounds like you are planning to launch a rollout of the machines during
the second half of this year. Can you comment on where the relationship is
with Apple industries and when you plan to release a formal agreement?
We are progressing, that's all I can say right now.
Also, from the website and PRs it looks like you've drawn up a design of
what the machine will look like but actually building it is a whole
different issue. Have you successfully negotiated with who and how many
machines will be built? I imagine with a rollout of this year things should
be pretty much worked out by now.
Done
Your background is very encouraging. You were able to grow your last company
to 17 employees before selling it and making millions. Do you honestly
believe you are going to have another successful business here and if so,
would you put more of your own hard earned cash into it to minimize
dilution to current shareholders?
I believe we have a successful business potential here.
Last, but probably what's really on my mind, it seems as if no one has their
eyes on you yet. Obviously you are moving from the planning into
implementation stage but can you comment on if you plan to hire any
promoters to get your stock on people's radar's for when the news hits? The
last thing we want is to watch the price dive from inactivity/impatient
shareholders when you continue to make progress.
PR activities must be in sync. with progress in the field. That's our
plan.
All in all I can say I'm very encouraged by this. He did skip around the dilution question and we all know it's coming so as long as it's in moderation I'm fine with it. We have a good business model here and a CEO that I'm very comfortable with. Looking forward to news whenever it hits.