Post by
InvestorGadgets on Apr 02, 2020 12:53pm
Overview And Congratulations
Congratulations to those that trusted their DD and didn't let the bashers on this site scare you out of your shares. This company is doing good things and progressing very quickly.
Currently, they are producing face shields (V9) and targetting 22000k shields a week)... and based on today's NR... having secured 130 3D printers, it looks like they have blown that target out of the water. They just announced that the 1st prototype for their 4 splitter has been finished, and are currently seeking the advice of medical experts.
We know that they have submitted all of their documents to Health Canada and are currently waiting for certification (Big Catalyst), and we can reasonably deduce that they have applied for some sort of funding from the government's 2 billion dollar allocation of funds. We know that they have some sort of dealings with a large entity and that demand is through the roof.
Look at a few posts below to watch some of their youtube videos. Very informative.
In regards to the fundamentals and technical analysis, we know that this company could have issued options at a price of 5 cents or lower based on what the price of the stock in the last month. Instead, they chose to issue these options at 12.5 cents. IMO, this is a big vote of confidence for shareholders, and one has reason to believe that the company knows they will succeed. We have a tiny float here (49 million o/s) with 17 million shares locked up management. That is 35% insider ownership... and only 32 million shares available to the public. Very bullish under any circumstances.
Like all penny stocks, this is a gamble, and there is no guarantee that this company will succeed but this is a good gamble imo, and I wish all shareholders the best of luck. The timing is certainly right.