Cash flow - Peter Bell - NewtonI read what Newton posted on twitter and Ceo.ca Re: GMA business.
Peter Bell (using the name Newton if I am not mistaken otherwise my apologies...) seems to be one of the more bullish persons-investors on GMA. He travelled with GMA-KTR team to visit KTR property and also recorded a long interview with GMA's CEO that is publicly available on youtube.
Even though the video seems very promissing (published beginning of October if I am not mistaken), we are now at the end of March without anything concrete from GMA's team on the separation progress.
I have some questions for Peter and I hope that he can shed some light on some of my questions. Otherwise, I welcome anyone with possible answers to help me understand what is going on...
Peter:
- Do you have any idea when GMA will be able to generate cash flow? I was under the impression that the LOI are nothing more than intention and GMA has not started to generate any kind of revenues. Definitive agreement needs to be signed which would confirm that GMA started to generate revenues.
- Are you surprised that we have not heard anything on the separation process more than 5 months after your interview? I was under the impression that it was imminent after your interview and yet, nothing.
- Don't you think that a team of one in the lab (the CTO) is not sufficient. If GMA wants to progress faster, shouldn't GMA have more people working with the CTO?
- Do you know what is going on with the CTO case relating to insider trading?
Thanks!
Moulouk