Orbite Technologies Inc EORBF

RE:News - some real progress!!

[Antoninass]

I did not expect too much trouble from Midcap, IQ and the Canadian government from extending their loans. The alternative would have been major losses if they pushed Orbite to bankruptcy. My concern is the timeline for Outoteck to fix the problems and how many millions of additional dollars in funding Glenn Kelly will be able to secure and at what price they will establish the share and warrants in order to continue production. What will our dilution look like when and if all these issues are solved. My fear is our shares will be worth very little. I believe working a deal to avoid bankruptcy might only benefit new investors who will bet that after everything is in place that there will be no further problems as they begin producing millions of tons per day of HPA. I  would have felt a bit more secure about this latest announcement if it was not SIGNED BY GLENN KELLY. If the past number of years of news releases is a reflection of this NR then we are in deep trouble.