Cash in bank after financing for growth:The company had 1.1 MM$ in the bank as of Jan 31st (- A/P 600K$)
The company received 1.1 MM$ from exercise of wts
The company will close 1.5MM$ financing (- 200K$ in fees)
So they should have 2.9MM$ in bank net of all fees and accounts payable after closing
600K will go towards Aerial Imaging acquisition
So 2.3MM$ in bank with a strong base of many UAV companies
Something is in the works, no doubt about it
Great new advisory board Specialists in US Military drone contracts!!!!!!!!
Low admin fees from management
They are builders of companies
Free trading paper is also being positionned at .09$
Looks like a possible 5 bagger to me without much risk
Love the Risk/Reward