GREY:ATIVF - Post by User
Post by
solarcircleon Sep 14, 2010 8:25pm
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Post# 17448595
What's missing here
What's missing hereThe news release failed to convey the most important information which is: IS THIS A NEW CUSTOMER? If it was I'm sure they would have been bragging about it. What's needed here is not a tiny order from an existing customer but large orders from brand new multi-mine customers. Now that would be something that would show trust that the company will be around for awhile. So I don't see this as great news at all or a vote of confidence. All the same problems remain including future financing, dilution and likely share consolidation which won't be in the shareholders favour, that's for sure. I'm still glad I'm out and won't be back until I see some change. It's been a really long time since a new customer came on board. A couple of those, by multi-mine companies would change the situation in a big way but I don't see that happening. Good luck.