Thanks
I have two more questions that I think can help tie some of this together.
1. What does the current sales force look like?
2. What is the lead time for a new machine?
We have the following timeline
5-18 Request to authorize an additional 100M shares
Approve equity incentive plan
6-5 Visser added as CM and shares are issued
6-8 Options executed
6-28 ASHM
Lets say orders come in between Visser signing on and the ASHM. First, you lose capacity on the one machine you have. Second and more importantly, there's no back-up that I know of.
If I were in Liquid/Vissers shoes I would be wanting to protect those new customers and deliveries. On the flipside, if I were the potential customer, it would raise high concern.
To mitigate the risk, Visser would have to put a second machine in place. Now, I don't think Visser would want the capital spent on a second machine sitting idle, so you better fill the sales funnel.
Could the authorization of shares be to both replace the shares that went out on 6-5 and incentivize new employees(sales)?