RE: Well Funded Operation18 Feb 2021 17:43
Might be well funded, but do the have the skills to bring these masks to market. This machine should have been commissioned in the factory that built it to prove it was fit for purpose, easy to ship the materials and run it for a week or so. Who in ther right mind takes delivery ove a custom machine un tested. Now we find out they can't produce the 5 ply and they only have materials for a couple of months. Should this machine run in clean room conditions? Have they even considered distribution and sales, any forward sales? Even reading the RNS trying to give a positive view makes this look like a fiasco.
Any investor here should consider capital preservation.