TSXV:PAI.H - Post by User
Comment by
RapsAloton Sep 29, 2020 9:12pm
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Post# 31639862
RE:RE:RE:RE:Of course there is no money left.
RE:RE:RE:RE:Of course there is no money left.Definitely. Petro hit the nail on the head. Just surprising that someone invested in a company would not read financials before buying in. The original commentor stated very little money left. It's been like that for a long time hence my news flash. It will come as no surprise when they need to partner yet again at least in the first couple of orders to produce. Or dilute more. If you read their plan it states 500 units in October and the volume of sales will ramp up monthy from there all the way to 5000 a month. Once they get some sales they can then afford to make them without a partner or dilution. Best plan with the lack of funds they have now. I prefer partner so not to dilute. Just means less net on initial sales.