Ways To Raise RevenueThe $7M or $8 Million burn per month cannot continue. It just ruins shareholders as the company is forced to raise more money and dilute over and over again.
In an earlier post I suggested calling Investor Relations and suggesting moving the head office from Laval, Quebec to Nigeria in order to slash costs.
In addition, let's all agree that PROMETIC is an awesome name. They should license the name to other unrelated products/businesses. They need not manufacture...just license the name for a royalty.
Imagine:
Prometic canned beans
Prometic mushrooms
Prometic hockey pucks
Prometic hockey sticks
Prometic pork products.
Management needs low risk, no capital required ways to supplement revenue. What better thing than having prometic shareholders wearing their prometic adult diapers while they poop their pants looking at the stock price fall off a cliff?