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Dear All,Please quantify the word sales, it should read sale, as...

  1. 11,546 Posts.
    Dear All,

    Please quantify the word sales, it should read sale, as in singular and not plural.

    With $28k in revenue, of which I think bank interest would have been the major part of that, shareholders need to ask, why raise $6m of which $3m is going to the directors when they havent proved out any sale(s) so far, this would appear to be a exercise in wasting money, wouldnt it be more prudent to utilise the plant in 2 shifts and pay extra wages then spend a few million on the plant?

    Maybe I am missing something or running this like a family business where cash is king, but when you have loyal shareholders it does make it easier.

    Cheers
    B
 
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