Kwesst Micro Systems Inc V.KWE

Such a huge financing at this low share price level is in

[kukaman]

my opinion not in the interest of shareholders. Existing shareholders will obviously be extremely diluted. It is basically a sale of more than half of the company for a fire sale price.
Luxton claimed in one of the investor calls with Redchip in June that I attended that the business year 2022 will still be the year of revenue growth, only at the back end. Note that the business year for KWESST ends on September 30. Luxton should step down, he has done way too much damage for shareholders.

[JStrummer66]

In my opinion this is a huge blunder - having to finance at such low levels.  If the expected 2022 revenue stream had some risk associated with it then they should have ensured there was cash in place and done a PP when the share price was much higher.  If some major news doesn't happen soon and get this stock price up before a horribly priced PP happens then I agree that there needs

[Tropicalsun]

Kukaman, I agree with your comments. 40 to 1 share rollback is rediculous, I laughed when I read that the rollback would be voted on by shareholders. Really, when and how is that process suppose to take place in the next couple of weeks? It doesn't matter the company insiders would have enough votes to do what ever they want. The other thing is that the management is desperate, once again

[JStrummer66]

How great are these products if they aren't selling?

[Tropicalsun]

We'll all we can do is take what we read at face value. The militaries and police forces that Kwesst has demonstrated for all say the products and technology is fantastic. The para-ops line has yet to be signed off by ATF in the US to my knowledge. When I contact the company IR, I get answers to just a few of my many questions. Very frustrating at this point in time being a shareholder, but I

[JStrummer66]

I think IR is using some of the Kwest technology so that investors can't find them.

[GnuckyT]

Products and technology are fantastic that's great.  That's only one of many tick box in the world of government purchasing.   Major wars going in the world and this stock has been bleeding daily.  Was watching this and good thing I didn't jump in this.