Solar Wind Energy Tower Inc. (fka SWET)

[Cycleman]

Care to be more specific? SWET will never see more than the aggregate $800K it's due under the JDF purchase agreement ($500K at closing and $300K after registration statement effectiveness) -- since there's no chance the warrants get exercised -- and the additional $300K is conditioned on the registration statement becoming effective. I presume it will be but you never know.

As Alpha said, SWET's got $300K in the bank. Maybe another $300 coming (see above). It's got the option exercise of $225K in December and goodness knows who or what else breathing down its neck. I don't see any existing debt getting paid down. There are just too many other dragons to fight off.