I was at noon lunch meeting at the Boathouse on Friday. As a shareholder, my interest was to get some sense of how we were doing with respect to short-term financial issues that have concerned many of us, as well as--in the longer term--efforts being made to reign in our cash burn. I also expressed my desire to see more transparency and where appropriate, timely updates on the progress of our initiatives. Following a couple of hours of conversation with Graeme, Brian and Jennifer, I personally felt more comfortable with the current state of affairs.
We talked about the VMC--and by the way, any of you that have not watched the online video tour on the Bioniche website (left side of home page) should take a few minutes to view it--the VMC's value is in its completion/certification on the existing site...it's clearly not an investment that can be packed up on few trucks and retain existing value elsewhere.
The 'lunch' was time well spent, and I feel more bullish on BNC than I did before we sat down. Just so you know, shareholders paid for their own lunches, and hats off to Paul: he paid for Jennifer's lunch! :-)
All the best!