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09/10/18
16:44
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Originally posted by Shadow59
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From Kobi's last letter to shareholders.
"We also hope to be able to strengthen our cash position with non-diluted sources that will assist us to achieve our business goals. UltraCharge has made major progress during the past 12 months and with strong technical assets, leading partners, a top research team and strong potential sales, we are heavily focused on continuing our efforts to scale-up our production capabilities to deliver a significant supply of lithium-ion batteries into the global market. This provides us with both short and long-term revenue opportunities as we look forward to strengthening our position as leaders in the lithium-ion battery market."
"Non-diluted sources" sounds more like a JV partner rather than a CR most likely.
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Hope so but it does not mean it is over the line either in his own words hope if they don't it's a CR for sure just being real here and at this end it's going to be 1 cents.