so , although not invested financially, I am staying interested enough to watch a doco on the tele and read their presentation today.
So far they would seem to just spending the money on buildings and salaries and I guess developing skills though they also seem to be seeking others to provide them with flower. There are definitely some useful milestones passed though, such as GMP certification.
But as explained the road map to breakeven is end of calendar 2023. with first NZ sales of product early next year 2022, and first consignment as part of their secured contract is scheduled for delivery to Germany later next year. So still a while to pay salaries from investors pockets before revenue from significant sales.
I really couldnt invest in this company as it does seem a bit of a charitable vehicle for the locals and I'd be surprised if they can make hard decisions when necessary. But happy to keep in touch with their progress.