very impressive and Im afraid they will phark it up somehow.
Do a finance deal with a shark in hong kong and get screwed somehow. Like with the canadian deal to fund diasource.
If something could go wrong it has in the past. The partner gets taken over and the new owner cancels the deal ! Remember that one in 2011 !
BBH. Philips. Cook. Diasource. Innumerable other little adventures that haven't come up with something. Remember all the conjugation kits being distributed by IMRA. Are the ADO kits still in the back of that catalogue somewhere ?
It is new management and I hope they bring something new.
I personally don't even know what the preferred next step is. A cornerstone investor ? That still means dilution. It will depend on how much at what price ? If it is GS YUASA or even left field like Panasonic etc then great. Really great. I want a solid industry partner who has capital and a master plan. That is what puts the market into a comfortable place. Its about reducing the risk. Then the funds can invest.
How about raise $10M for 300M shares at .0333 per share. New cornerstone investor gains roughly 20% of the company called AnteoEnergy The masterplan includes selling batteries into millions of cars. BOOM !
Sell another 20% to GSK. New cornerstone investor gains roughly 20% of the company called AnteoDiagnostics. The masterplan is to make and distribute Ellume POC devices into hospitals around the world. BOOM !
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