"Securing expansion capital and listing on a national exchange will immediately impact the Company."
wow...sounds wonderful...but secure expansion capital how?...from where?..
kim said AFTER he gets onto Nasdaq, he can get wonderful financing from all kinds of different sources because they are all just waiting for him to get there...its bs of course, but lets just pretend its true...
that doesn't happen until after he gets onto Nasdaq...it seems agreed that kim will need about $8 mil in order to qualify for Nasdaq...where does that money come from?...
is kim buying lotto tickets?...will he write an $8mil check from his personal account?...kim is very limited in how he can get his hands on that money because he cant borrow it..
"This capital will address national exchange listing requirements and serve to underpin the Company’s work to rapidly expand capacity, build the inventory to blah blah blah blah blah…
no sh-- sherlock...the question is how do you get from here to there?...
""This capital will address national exchange listing requirements"
what capital??...from where?....
its like someone saying that as soon as they have $5 mil in the bank they are going to retire....when asked how much they currently have, the reply is 5 bucks...everyone just walks away shaking their head laughing...
that's exactly what I did when I ready kims statement...its utterly meaningless without any further info...