RE: RE: RE: RE: RE: RE: behavior
We have the best and biggest partner that we could have hoped for but that only gives us the potential.
The markets re-acted and the SP rose 20% on that alone. Not bad at all. I also think some took some off the table on this new spike which stabilized the price at this new level. There were a few retailers unloading some large holdings.
Now the markets want proof of actual hard cash flow which, as the company stated, should follow very shortly with announcements of contracts. Followed by another BNN appearance.
One thing also to remember is that a factory which is going to hire 300-500 employees is going to result in a massive output of capital for a building, equipment, personnel, training and start up costs. More capital than the company has without cash flow coming in. They will have to raise one pile of money one way or the other. Perhaps there is an arrangement with Bosch? D&H? Hopefully no more dilution but I can't see how that is possible.
Federal and Provincial monies is my hope along with tax concessions with a municipality to help kick start them.
I believe solid contract announcements in Ontario, coupled with the news of VDE, will spark us up another 30% in the short term. Our immediate cash flow depends on European sales and the potential is huge but we need that before any kind of new movement can happen. There is no doubt that is hurting us right now. Product sitting. Hopefully it can move in March with VDE.
The way I see it.