RE:RE:RE:RE:What's in the planter boxes folks? CMR &/or TMS? Just for the record, I did not write "Dopey's Spam Factory". This has been mentioned on this board/forum before, but seems like a BOT on Stockhouse is converting words... as weird as that seems. Again for the record, my reference was to Liberty... not to "Dopey's", although there are a few of them here on a regular basis!
Skidaddle wrote: Sheesh, I keep forgetting our other vulnerabilities.
We are going to market with 4+ products, & cash in hand, but the $$ we have are only about 10X what Liberty has left in the kitty… while they’re still in the lab.
Oh Boy, We must be in trouble vs. the so-called competition.
WELCOME to Dopey's Spam Factory:
“As at June 30, 2019, the Company had a positive working capital of $4,057,331. Notwithstanding, in order to fully commercialize HEXWAVE the Company will require additional funds to achieve its development timeline and bring HEXWAVE to market. While the Company has been successful in arranging financing in the past, the success of such initiatives cannot be assured. The Company has certain committed development milestones over the next twelve months and based on the Company’s current forecasted operational and development spend, the Company will require additional funds to meet these milestones. These conditions cast significant doubt on the validity of the going concern assumption.”
“Because the Company is currently substantially dependent on HEXWAVE as its only product, factors such as changes in customer preferences may have a disproportionately greater impact on the Company than if it derived significant revenue from multiple lines of products.”