GREY:EORBF - Post by User
Comment by
Baracuda71on Jun 11, 2019 7:36am
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Post# 29814421
RE:RE:RE:RE:RE:RE:RE:Do you still believe in this stock?
RE:RE:RE:RE:RE:RE:RE:Do you still believe in this stock?
We can expect a reverse split on the stock, that's plausible. To buy now would be a gamble like it always was. We simple don't know.
Lies ? Management this time around was more transparent than with the previous CEO but nonetheless they can't speak freely on every day technical issues, that we have to understand. In the end, they stated exactly what was wrong and went under banktuptcy protection. Whomever thought that they would be succesful first time around was naive just like I was. It's a very complex system and new revolutionary technology.
But this is now and it's thanks to Mr Kelly and his team that Orbite is still alive today. But the fact that they said that they started to inject ACH crystals and for the next 3-4 weeks is reassuring that the system is working. We should get news early July at the latest if the system is working or not. If the plant is working with a capacity of at least 1 tonne a day then I think it's a success and Orbite will live. If they can't show a decent plant capacity then I don't think they can continue.
Joe