GREY:GLKIF - Post by User
Comment by
L1nny_ncon Dec 29, 2018 7:52am
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Post# 29167513
RE:RE:Gorman Ogilvie
RE:RE:Gorman OgilvieI truly hope 2019 is transformational for Novocarbon. The fact that the company has been approved as a vendor for some impressive companies gives me hope. I also hope these approvals lead to significant orders moving forward. The thing that worries me is the current financial condition of the company.
The recent private offering proposal may be indicative of problems resourcing loans through normal channels. It also does not support your recent comment which eludes to "rich friends" who possess the power to take this company to the next level. Otherwise there would have been no need for the private placement to those of us posting here. I believe the hope lies in their success in gaining grants from the DOD and DOE
Then again, the announcement of a sizeable sales contract may provide leverage in seeking new finances.
Fingers crossed for a successful 2019 and best of luck to the management.