RE:RE:I Found this on Youtube...6:15-11:10 time frame (CBULF) Okay, I'll have some fun with this post.
So first I'll say this, Arno hates dilution and has turned down a pile of institutional requests to finance Gratomic. Fact
Company is debt free with over 3 million dollars in the account and only a few months away from generating revenues.
Warrants are almost all gone. Less than 8 million total warrants left.
6.9 million $1.00 warrants.
1.1 million .10 warrants owned by a guy in Hong Kong who is sending the company a cheque to exercise those and he's holding them long.
Also Arno owns 1.4 million of those $1.00 warrants.
The 19 million that he's calling debt... is the over all accumulated expense that the company has accrued since its inception in 2012. This is what the company has spent in total to date, to build out the Aukam mine in Namibia and drill the Buckingham project in Quebec, Canada.
Sometimes these folks need to get a better understanding of what they're reading before claiming knowledge.
https://ceo.ca/@accesswire/gratomic-becomes-debt-free
Not sure what more to say, other than 92% of the float is locked up amongst a very supportive group of investors that are still accumulating.
Enjoy your night all.
Feel free for reach out to this individual that did the summary and update him. Or tell him to send me a message if he needs better clarification.
Cheers