RE: RE: Vote21 Jun 2019 11:12
Hey BIKWIK, apologise for the delay, work commitments (nights!)
“Based on the current budget the company should have adequate working capital through until the end of the current year. “ 3rd June Final results.
“ including a mini pilot plant, budgeted for an additional US$240,000 and expected to take 12-18 months to complete. “ 14 May '18 Final results.
Couple of pieces of recorded, written facts, that mean we don't have to raise capital.......!
To sum up, for me, the capital re-organisation is only there to give the BOD a buffer :) and I don't want to be diluted into oblivion in order for Rosser 'n Clegg to get an easy ride. I want to send a message, and I urge other holders to also. Vote however you want to, but we're funded till the end of the year, and there's $240K out there to help.......somewhere. Also bear in mind, a good BOD will have a plan B, just in case the vote doesn't go through, even a back up for plan B, so.......... there's no reason debt can't be considered if they're confident of future revenue :)
All the best (#voteagainst ;)