RE: What is your opinionin his remarks in the interview.....Look at how the share price has done since the announcement. It doesn't look like this was a significant issue to me.
I suspect the main reason for making such an annoucement really has to do with financing. Their Dec/Jan private placement didn't do so well, raising ~$56,000 (see the
2nd tranche in Jan). There the 3rd tranche never took place as far as I'm aware (which would make sense considering how poorly the 2nd one did).
Not surprisingly, the company needed cash several months later. The "potential contract" news release was done end of April and about 2 weeks later another private placement is announced. People can make their own conclusions about this.
Peter really stuck his neck out by doing this. Hopefully it doesn't turn out like his 2018
prediction versus the company's actual results. This is more specific than last year, so hopefully there is reason to be confident enough to make such a release.