Post by
up2005 on Dec 20, 2022 12:51pm
Bouncing around $ .14-.16 cents and no sales news.
What is going on behind the curtain. With all the dog and pony shows and $$$ spent to put the Smart Seeder Max onto the AG stage why is nobody writing a PO? We are hemorrhaging cash and at this sp if we need to do an equity financing we are hooped.
Comment by
BigFizz on Dec 22, 2022 3:55pm
I called IR. They spent all their money on shows and building Saskatchewan assembly facilities. They do not even have a enough cash to fund production , and it's hard to raise cash with no sales figures . There in a catch 22 situation. They have a few months cash left to basic costs. That's my understanding.
Comment by
kulewater on Dec 23, 2022 1:44am
I think you are a bit off. Or maybe a lot. :) JMO
Comment by
BigFizz on Dec 28, 2022 11:40am
A careful read of the last NR and quarter report pretty much tells you the current financial state of the company. I would love to here from some Saskatchewan or Alberta farmers who may have invested or perhaps were there for the demos last summer. And why they choose to buy or not buy.