Post by
Berzy on Oct 16, 2020 10:53am
Working Capital
Good news all around. Those worried about dilution have a short term view. The larger the contracts expected, the more working capital the company will need to fund those contracts whether it be raw material purchase, team mobilization, or contracting out some fabricating.
Looking forward to the next few weeks.....
Berzy
Comment by
fdfd12 on Oct 16, 2020 10:56am
Berzay I said this to the board a few weeks ago. They said I was crazy and they do not need capital. They will get a downpayment from the orders and use that to fund the contracts.