Post by
TheRainman on Dec 06, 2023 5:29pm
2.5 Million - Trying to look at the good side guys
We all know the management staff is not drawing money as wages.
I suspect they need this money to help ramp up operations .....which is what we need! More than ever at this price .
They could be sensing large contracts in multiple areas and need to be prepared to follow through on supplying Millions of SQ feet . once they sign a 5 million contract...they need to install fast and create the revenue that is not booked until the installation is complete. Never mind if its on installments.
With current burn rates and money starting to flow in......this is probably the only raise they will ever need until we hit 100 million install jobs.
You have to spend some money to make money and management has always tried to not spend.
It hasn't worked out that well .
I think there is alot of info we are not privy to guiding this decision and very possible some really good news.
I am happy that somebody out there was willing to loan the money based on the deal they have set up.
There is no dilution at this point and may never be.
After the 4 or more years I have already been here......another year makes no difference. I think 2024 will be very ineteresting and we will see the SP recover.
The last thing I want to leave you with is this .....the only thing that has kept me sane over the years.
: Management will NEVER see their lifetime dream of millions of dollars for their shares if they cannot pull off this ENTIRE adventure. They succeed ....or lose evrything and all the years they put into it. They have more to lose than any of us . Therefore; they will keep working it as hard as they can....while we sit back in our armchairs and complain. At least if I lose...they will as well.
Comment by
Longholder99 on Dec 06, 2023 6:13pm
Great post Rainman. Agree 100%
Comment by
cashmein on Dec 07, 2023 11:58am
I totally agree Rainman. I think high reward within 2 years : ))