Atmofizer Technologies Inc C.ATMO

financials: loss of 15.9m, revenue 497k, gross margin 13%

[mingzhu]

cash 1.9m  on hand by 2021. It should be nearly spent now.

[Feisty191]

Another perspective https://simplywall.st/stocks/ca/capital-goods/cse-atmo/atmofizer-technologies-shares#future Going forward it might be an initial struggle but looking at valuation, future growth and financial health it could be impressive if they connect with new distributers or appliance manufacturers. The technology is promising most performant filters are not recyclable or reusable; using

[lscfa]

On February 23, 2022, the Company filed a prospectus supplement to the Base Shelf Prospectus establishing an at-the-market equity program (the “ATM Program”) that allows the Company to issue and sell up to C$5,000,000 of common shares from treasury to the public, from time to time, at the Company’s discretion. All common shares sold under the ATM Program will be made through sales that are deemed

[mingzhu]

at 0.06, 3.7m/0.06= 61m shares to be issued at market price +current 96m = 157m . i am waiting for Q1 financials to see how much expense it will have for a Q to calculate how long it can surviive before BK. It is very risky now. The only thing valuable is the patented tech

[lscfa]

Dec. 2, 2021 - Atmofizer Technologies Inc. is pleased to announce that the Company has entered into a non-exclusive distribution agreement with USA Rapid Test, LLC under which USA Rapid Test has placed an initial purchase order for US$4.2 million personal space, Atmofizer A500s.