There have one good news at least..... Production is running at 25% of their capacity. Can you Imagine if it had been running at 100%. They would have had a lot of difficulty finding storage. Buying containers, tanks, finding a place to store them, etc. According to a press release issued by the company in July, full production is scheduled by the end of October. This is not necessarily good news to come and they can take their time because where are they going to put their production? It will cause additional costs.
If their effort to find a buyer and having a sales contract had paid off, the price per share would be around $0.25 with 83 million shares at the actual moment. The warrants could have been executed at $0.18 and the company would have had $2.2M in their coffers to continue their operation.
Unfortunately, for whatever reasons, they have failed so far but I wish them success. Right now the price per share appears to be heading towards $0.025 with 8.3M shares. LOL
Just don't understand why management need an additionnal $1.3M if they can't sell their production.