OTCPK:GRMX - Post by User
Post by
Engineersoilgason Apr 29, 2017 8:25pm
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Post# 26183658
It is a real company
It is a real companyIt is a reverse merger so it looks wierd right moving into shell now ...but has great people.
https://www.garmatex.com/about/executive-management/
They did not make these incredible products without some innovative people.
The new ERA hat is great! and several press releases on new buyers ( no dollar figures)
https://www.garmatex.com/fabrics/
The problem is as I see it. They need to raise money to go bigtime. 35 miillion or close outstanding shares but 16 million are held by the CEO. i think they are selling shares to raise more money and that is why maybe it yo yo's so much. It seems the share count has increased from original 32 million if i recall ( he supposedly had 1/2 of shares) I am watching and nibbling everytime it goes down.
Great products, but will they succeed in getting funds to go to next level.