Unfortunately, yesterday's news is nothing but bad news in disguise, while I have not done any research on Liberty Towers, but here are my 2 cents. In my personal opinion, ARSC pays a certain amount of shares or maybe cash for a news spot, advertisement spot, or vending machine spot in a tower. I remember SPNG used to sell sponges in Walgreen, lol, they did it by giving free sponges while they use the advertisement to sell shares. They profit from selling shares while Walgreens made a bit from selling the sponges. Mutual benefits.
The so called delivery/installation of A fuel cell in A tower is no different than those multiple demo installations they did years ago in those backyard bbqs with vending machines and tubes inside. Nothing to get excited, this is bad news in disguise and didn't appeal the market at all once ppl think about it, hence no move in pps and immediate drop in volume. This also further supports the myth over the $21m backlog, producing one unit for a $21m backlog? What happened to the backlog? Aren't they suppose to mass produce for it? Why pr A delivery and not mass delivery for the backlog? So this is their answer for production in October for shareholders.
This is the same strategy as the $1m in funding. They give out more than enough shares to cover $1m and promised to generate enough interest for the funder to sell those shares out over the course of time. The funder get a huge premium in return. Nothing but spiral financing in disguise. If $1m is enough for production, why was $50m from selling shares over the years not enough to MASS Produce?
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