Please see below for response i inquired about due to the recent sudden downswing. Response from IR was fast and insightful! Full confidence in this team!!
RE: Hi xxxxxxx,
I am Quadron’s IR representative. As Rosy mentioned, the .20 cent financing from last year came free trading today (hence the recent selling pressure) we also have .70 cent shares which are still under escrow.
The company is well capitalized after both equity raises (along with some previous warrants being exercised). We have enough capital to not only service the existing demand for the BOSS from growers but also the capital to develop new equipment which we have previously announced.
As Rosy mentioned 2018 will be a milestone year for Quadron and I think investors with patience will be rewarded as the company matures and increases their sales & distribution.
If you ever have any question please feel free to email me or give me a ring.
Thanks,
Caleb Jeffries VP Investor Relations (QCC)
604 684 6730 | 1 866 684 6730
caleb@kincommunications.com