TSXV:MRS.H - Post by User
Comment by
JDavis17on Apr 18, 2018 12:14pm
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Post# 27905086
RE:RE:RE:RE:RE:RE:RE:RE:RE:IR
RE:RE:RE:RE:RE:RE:RE:RE:RE:IRnomoney wrote: The problem is over 7 months since the announcement, almost 4 months since the last update. This has nothing to do with a lack of promotion. The price we are at has to do with a lack of faith that the PO is going to materialize.
In the last update the CEO stated they would provide regular updates going forward. If he’s true to his word this means there hasn’t been anything new to report in almost 4 months. If they were ready to begin manufacturing at the end of December then has the foreign military decided against going forward with the order? Initially the order was to begin in 2017, the update stated 2018... broad timeline.
I hope other posters are correct in assuming that this hiring means the PO is eminent I just don’t follow that logic. A venture stock that inks a $400 million dollar PO will get a ton of free publicity. The investment community will take notice.
That has always been my major concern.
How many Venture stocks ink $400 million dollar deals?