Toxic Filings

[sludgehound]

LIME ah 0.31 -0.31 may dilute

Interesting piece on this highly flawed N.C. energy- utility that may need further dilution to meet $1 Nasdaq.
It may have some cash flow to get them by or goes toxic. Question is whether market is pricing in that dilution.
Illustrates the power toxic action has, and the risks.

http://seekingalpha.com/article/1651302-lime-energys-long-dark-year-of-the-soul?source=marketwatch

Lime may need to raise more capital in another dilutive offering before it can fund its operations internally. While Lime’s utility business has had significant success in terms of recognition and acquiring new customers, there is a lag between the initiation of a new utility program and when it begins to generate cash for the company.