RE:I'm fairly. Sure more dilution is on the wayYukonJezza wrote:
and if the reverse split was just a tool to do more raises than this will drop fast.
More dilution will eventually happen - but - I storngly doubt it happens at this price.
The reverse split is just a tool that needs to be deployed and I suggest the winning way is as follows ...
1. Move to TSX from Venture.
2. Split.
3. Drive share price up ... this is where we're at over the next couple months - offering news on the R&D side and on the business development side.
4. Go to US exchange (likely as we approach P3 but only after sufficient news to drive excitement. Raising money need not happen at this point but a higher share price is definately required before raising money.
5. Raise money (if/when needed) - in conjunction with expectations of cash agreements for partnering. Some potential partnering may be in the works but ATE need not act on any partnering if better deals may be had on corporate and development news. Hoping this is where we are in control.
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Anything short of this order could be a problem - we've still got lots of time. That's why I'm hoping an experienced Board has already figured all of this out ... in conjunction with ATE delivering on strategic initiatives.
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Here's to a prosperous New Year !!!! Cheers !!!