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The Cheap Investor

12/05/23 10:44 AM

#53164 RE: Volcano #53162

You are assuming that the $2 million dollars has already been approved. There is no proof of that and none of us know how long it will take before the funding is approved or not. Also, $2 million is just the start-up costs. Who knows how many millions of dollars it will take to get the technology up and running. Funding from a private entity can happen in a very short time and will give investors a boost of confidence and the stock price will start moving upward. Right now the stock price is depressed because investors have no idea if and when this will happen. If the technology is a game-changer, as I believe it would be if it actually works, then attaining private funding should be a minor issue. You can pump this stock all day, and without some tangible evidence that progress is being made, we're going to stay where we are at.