Orbite Technologies Inc EORBF

What Investor's Have to Take into Consideration

[Soulinvestor]

The last bailout by the Quebec Government through IQ was strictly to save the plant and potential jobs that are desperately needed in the Gaspe region. Thus their message to Glenn Kelly is too get the job done as soon as possible BUT in a prudent matter. The last people on the minds of the government partners are us investors. Orbite will need significantly more financing going forward, FIRSTLY, for production, upgrading from 1tpd - 3 tpd - 5 tpd, front end, pre Bank feasibility study , possible kinks in production etc. Our dilution riddled shares will probably go way over a half billion shares leaving any kind of decent revenues years down the road when and if Orbite has the front end producing HPA from clay and extracting rare earth's ready for a deal with Veolia to remediate red mud. Holding such sway over Orbite the government would not mind Glenn Kelly doing a reverse split as well as raising probably tens if not a hundred million dollars MORE in dilutive funding. When RB was in charge of Orbite we always got from him through presentations and documents a clear business plan with numbers attached outlining costs and revenues ALBEIT in the end they were fictitious. With Glenn Kelly it has been over 3 years and he has not presented us any position paper as to what Orbite hypothesizes will be the potential profit of producing 1,2 and 3 tpd of HPA. Investor's are truly in the dark. Hopefully at the next CC these issues will be asked by questioners who are concerned that Orbite's future financial structure will be retail investor very UNFRIENDLY.