Naeem Zafar
๐ค SpeakerAppearances Over Time
Podcast Appearances
They have to be intrinsically safe so you can't blow up in a silo.
So a lot of advanced technology goes into those things.
Yeah.
So that's why for tall silos, we have a different product.
Because tall silos, you can hang temperature cables which go all the way up and down.
We sense those cables and we start transmitting data wirelessly.
In shorter things, you can hang these things.
So these things, I assure you, they're ideal for ground piles, shallow storage, barge, or rail cars.
So for three-story tall, we have a slightly different technology, which I don't have to show you, but it's a box which directly sends the data.
No, we are going to be raising this year about 15 million.
Okay.
Because our mathematical calculation tells us that will take us to profitability.
Okay.
So it comes out of financial model.
Well, it will dilute us.
That's okay.
Minimize dilution is by creating the company value higher and higher.
So when you raise last time, the company value was this much.
This time, I'm hoping the company value will be this much.
So dilution will be maybe 20%, maybe 25%, and not 50%.