TSXV:WEE.H - Post by User
Post by
fluviuson Nov 23, 2021 3:22am
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Post# 34155732
press release summary
press release summary Yes we have had a flurry of PRs about on-boarding customers and the market seems to sense big orders to come. One PR that got a little overlooked was the one on the M$ 12 credit line. For WEE to fulfill a purchase order from a reputable company, WEE needs cash on hand, otherwise a reputable customer would not place an order with them. In most biz transactions you should show between 10 to 25 % of the value of the order as liquidity. Would you do business with a builder for a 2 million $ home, if that builder has no cash-flow and no credit? So for me, that Wavefront made a deal to have access to M$ 12 in liquidity is a sign that they are expecting very big things to come - very BIG.