RE:RE:RE:RE:RE:Trigger for a stock price hypeSo I have been digging into this company. It does look promising but I also bought another company with promising technology and got absolutely demolished.
Having said this, I think this company seems to have a gameplan in place. The latest funding replaces the short term 2 mill loan use to get the demo plant built. This action fixes the company's balance sheet and positions it on the launch pad.
Next step is what a previous news release termed non-dilutive financing for the construction of the LA plant. If the processing technology is even close to what is claimed then the company should be able to find a dance partner. Personally, I think they put this out there because they are talking to the partners and a deal is close.
I am new to this stock but I am close to pulling to trigger to buy some.