Coreton
3 months ago
I might toss some more in if it gets into the 2s, I think they are trying to put together the funds to bring the other water company in plus enough cash on hand to cover expenses, to restart bottling operations. No reason to spend the money to upgrade then let it sit there and rot away.
I'm hoping that with the new administration nationally, we may see lending and investing open back up. This has been a horrible run for startups. Interest rates are prohibative.
I heared the plant we purchased out of bankruptcy was upgraded and brought back up to code.
Have a few connections in the area and they confirmed that there were workers at the plant for the first few months of this year, but not much activity since then. I would guess that was when the upgrades were completed. Would be nice to see something official in some filings. Dont really make much sense to hold everything back.
No one is going to care what you did 18 months ago when you announce you are in production and have contracts. LOL
Still holding, and waiting!