@madanglighthouse. Thanks for the post. You proffer good general investment advice that has clearly struck a cord with some readers on the 3DP forum. I would hope much of this was already apparent to investors at this end of the market, especially the issues related to micro cap risk, revenue and business development, but if not, it's all in the original Pointerra
Prospectus put forward when 3DP was SOI back in mid-2016.
I'm not so sure about your stats on T20/management holdings. I've not seen a T20 statement since the last AR (29 Sept 2017) - if you've got one, please post. For sure things have changed since the issue of 120M 'performance' shares (ann. 28 March 2018). I say 'performance' because these were from the outset really partial payment to the owners of Pointerra involved in the RTO (the conditions set out in the prospectus were not onerous).
A very significant, immediate and related issue for those who do hold is how things might change when 171M shares come out of escrow 30 June 2018 and another 71M shares appear on the register the following month (unlisted and in escrow since reinstatement of the co. in 12 July 2016). But then again, we have this from the latest 4C report (30 April 2018)
Which suggests to me that key stakeholders in the company are confident about its management and direction. Perhaps we already have many of your ingredients for a business? Good people, (establishing) good processes, (seeking) good opportunities and (building) real, measurable and improving results over time...?
I agree with you that the model has real potential. I also think you're spot on when you say that it's a big deal to effect a paradigm shift. We're two years out from the RTO and still finding our feet. But we've got approx. $2M in the bank and a R&D rebate of $0.5M coming soon ... and hopefully significant revenues and new contracts on the horizon.
For me that's enough to invest now, and top up on the dips, rather than hesitate and average up later at a higher price. That's a risk/reward decision we've all got to make for ourselves, especially at this end of the market. AIMO. GLTAH R-7
