On April 29, we officially completed a crucial stage, namely the sales of technology shares.
This is a significant event for the entire team and our investors. We have proven that we know how to accomplish goals efficiently, quickly and smartly!
The required R&D tasks cost a much smaller amount that the projected $ 40 million!
Of the planned twenty billion shares, six billion was revoked. Of the remaining fourteen billion, seven billion was sold. This means that existing investors have a higher stake in profits and dividends due to a smaller overall volume of shares.
Since launching the project on July 1, 2022, we have come a long way that takes other companies 5 to 7 years:
- A unique CGM Fly system has been developed and patented.
- A number of additional patents have been obtained.
- The first line of contract manufacturing has been prepared to be launched as early as 2025.
We set our goals and accomplish them. We are grateful to everyone who supports MLC on this journey!
