Abtech Holdings Inc. (fka ABHD)

[gistheman]

They need $11mil or so to be cash flow positive. Dilution hasn't been too bad with a good share structure. They raised in the fall and there is some thinking that they made need to raise again. That is not clear as there are so many projects bid and any small portion of those coming in will be what they need to sustain themselves. Since the overpromise of last year's guidance, they have been mum about any 'maybe' prospects. Some investors that check on the progress and inform me think that they have switched to a 'deliver, then talk about it' mode. The next quarter or two will be very interesting to see what is still prospects and what lands as revenue.