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Mcol52

08/01/19 1:47 PM

#43820 RE: Bobbar #43811

Just got off the phone with him. As usual he was very polite and professional. We discussed a few things but I do not think it would be appropriate to discuss everything here. One thing I will disclose is that they are NOT looking for money right now and apparently have what they need. I asked if he thought they would need capital in the future or next year and he said they might depending on "operational growth". I specifically asked about Q1 2020 and he said he could not determine that their would be a need for additional capital at that time. Maybe thats because he already has commitments from others or because they already have it. Who knows.

I can also say that the company is very much operational and seems to have a lot going on. I think anyone who says the contrary is very misinformed. The CEO is very serious about the company that much is certain. I think Gordo was correct the whole time although it looks like he was off about the timing. Probably due to typical business delays.