re: Ann: Supply Agreement with NSW Ambulance ... Timely1
if you have any doubt on him putting up his own money I would ring,
the 400k loan if from him, and they could raise money right now if they want, if you doubt that ask them if they want you to put in money.
I know I have rang many companies to ask if they want to do a CR, I have never had 1 say no, and they had money in the bank, ALT have none so why do you think they would instead of raising have a director putting up own funds.
I know for sure they do care about shareholder dilution, they sure will have to raise funds, but believe current price is far too low and that's why they are instead putting up their own money,
as for info on what they are doing, they would love to say a lot more but are restricted, why, because it is not a miner that can say anything they want regardless of facts, this is in an industry that is extremely regulated, it is very hard to get things approved, they have them approved but have to be very careful and have everything approved before they speak, it is not like diging a hole in the ground.
As for MLA distributing it, it is not ALT's expertise to manufature or distrubute so I don't see the problem there, in fact it is the smart thing to do, you need a company that has expertise in that.
Now if they could set up a deal with one of the big burette companies it will be a company maker,
Look if you have any doubts give them a ring, I don't sit and ponder, I ring and ask them straight out.
the ones that want to talk I like, the ones that don't I worry.
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