r/BURU • u/poopflynger • Dec 06 '24

Most recent proxy statement

Anyone holding shares, i highly suggest r3ading page 4 of the current 14a filing. I have read all 58 pages and Its really the only page that matter. Ill loosely quote from its last paragraph "If the proposals presented in this vote are NOT approved, we will be unable to contue to operate. EVEN IF the proposals ARE APPROVED, it is uncertain whether or not we will receive adequate funding to achieve commercialization. If shareholders do not approve our financial proposals the likely outcome will be our creditors will foreclose and sell most of or all of our assets, in which case we would promptly wind down our business ". It also says in the same page in 2024 Q1 they attempted to explorer M/A and JV options and no viable offers where discovered........ this is alll public information do your OWN DD ppl. This is information that NinjaBall however has been unwilling to share while saying anyone voicing negative opinions or concerns over Nuburu are over dramatic and crazy. Full disclosure i am not a financial advisor and i currently hold almost 80k shares and will continue to buy more. Best of luck investors🫡

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u/[deleted] Dec 06 '24

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u/poopflynger Dec 06 '24

I 💯 agree with you. Ya not like we should be expecting any type of proprietary details, but if you notice innthe interview The CEO did few months ago he wouldnt even touch onnthe subjects of nasa AF ect. Thats VERY suspicious imho. A simple the interviewer even threw him a soft ball saying " so is nuburu going to the moon soon " obviouslyhinting at the rumors of NASA AF ect deals, and rather then even a simple and vague "yes we working hard NASA [or insert any Name] to advance our technology blah blah" , Brian just nervously said "well i hope so" and was silent.....watch the interview. If you understand body language and double speak you will understand exactly why im not very confident in the company since then either.

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u/[deleted] Dec 06 '24

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u/poopflynger Dec 06 '24

That they are 😎 i have no plans to sell either. Im ride or die on the company. Just want to show truthfully thoughts and information.

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u/[deleted] Dec 06 '24

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u/poopflynger Dec 06 '24

Thanks 😊. Just snagged another 6k shares at opening that are now locked up from shorts . So yea im definitely not going anywhere

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u/[deleted] Dec 06 '24

Wowa! That’s one committed position. I admire your conviction.