Need for raise15 Dec 2020 20:36
Everyone’s focusing on the masks, me included. The need for a raise has had many scratching their heads as to why it’s needed as we have 700k plus with no debt. We r forgetting this 700k needs splitting 3 ways really to fund all 3 businesses. So not a huge amt really for the face masks project when u look at it that way. It could be that the wind farm project is about to take off and funds required. Need this clarifying ASAP but my guess is they won’t know what’s needed until certification is completed as they don’t know where they stand in terms of moving the project forward or changing their strategy etc. The good news about today is that at least we know they are actually working on it. These initial results haven’t taken long since the rns was announced that volz were seeking certification . This could well be sorted in a matter of days. Then we will find out about the funding and then fingers crossed we are away. No point selling now if you’ve been in this long - without the face mask aspect rms must be around the penny range anyway so we have a bufffer.