RE: BS accreditation24 Jul 2024 13:15
@Graphenensupport
Investing always carries risks, and share prices can fluctuate unpredictably. Since Nichols' departure, the Board of Directors has had to essentially rescue the company. They have achieved this through strategic actions such as previous placements, asset sales, and finally, by embarking on smart commercial ventures in Brazil and Spain. I particularly favor the Spanish venture due to its focus on green technology. Obtaining a BS standard would be the crowning achievement, potentially generating significant revenue and propelling the company's success. However, having BS standards does not automatically secure contracts. Instead, it demonstrates to potential customers that the company operates at a recognized and trusted standard, which is highly desirable.
Remember, a BS standard is like being part of an exclusive club; organizations prefer to work with others that uphold the same standards.
In this company's case, I would rather risk £600 for a million shares at £0.006 than £6,000 for a million shares at £0.06.
Consolidation is likely to occur later if the company succeeds in its ventures, which I am confident it will.