Zit er nog steeds in, en heb aardig bijgekocht om wat te middelen.
FNHI heeft nog steeds potentieel, eigenlijk nog meer als in het begin met de patenten er bij, en het nieuwe product Terravis.
Draaien nu break even, met groeiende reveneus q over q.
CEO:
As we approach the end of our year. We want to start to reflect. We learned a lot and came a very far way. We've opened a new factory, recieved three patents, trademarks, and grew sales beyond beak even to earnings within 3 quarters; increasing 500% compared to the year before.
We've dealt with tarrifs of 27%, and maintained a margin of 24%. We've avoided dilution with an OS that's remained the same for the entire year (give or take). We have a clean balance sheet and no derivative liabilities.
We've been able to further the development of new products and broken ground on hybrid technology that will reduce the carbon footprint and extend the range of the most revolutionary forthcoming vehicles.
We've done this all, however, without $1 of fresh capital and a market valuation of about 1.5 X revenues.
Ive always been accessble and accountable as a transparent CEO, to any queries, good or bad. Never veiling or avoiding any question, day, night, or weekend.
However, I've learned that public markets and being on the OTC as fully reporting issuer is one of the biggest challenges for me and the business, to date.
We've been lied to and cheated by 9/10 people we meet. Which is why we now have a strict "closed door" policy.
We've also learned that raising capital for growing consumer goods company with strong growth and margins is virtually impossible.
While others around us raise tens of millions and seemingly never execute on any real profitability (by the simple definition of the word).
We have had challenges in raising after showing growth on a shoestring with true profitability!
Now, we will prevail and we will continue to grow.
This is about more than growing a business. This is personal. This is for legacy.
We will make history.
We will meet someone willing to take a risk enough to fund our growth and see our products grow to be a great American brand. To watch the TerraVis capture and convert its first ray of light and store it for the next disaster that quick power
is needed for. Or for the the outdoors person.
Yes, we need to raise capital to finish our CSE listing. We will find that partner to fund us. When that happens, history will be made.
(sorry for the rant!)
For all those reading, share the word of our amazing work and growth.
End of message.
Dit is wat ik echt waardeer in deze CEO.
Hij is eerlijk en transparant, en een vakman, want stap voor stap gaat het bedrijf vooruit.
Grootste probleem is nu funding.
Ik geloof er nog steeds voor 100% in, al blijft het een risico aandeel, maar het risk/reward staat mij enorm aan.