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Thursday, April 17, 2014 12:00:56 AM
I would assume all of these projects would be covered by partners in exchange for meeting certain milestones. However, given the lack of insight on the structure/T&Cs of these agreements, it is impossible to tell.
I have 3 scenarios:
1) Private loan (Bank or private investor)
2) Costs partially covered by partners in exchange for execution of certain miles stones
3) Issuing more shares - if this is the route, I would say GCEI management is clueless. They should be doing everything in their power (legal) to push the pps.
I hold a small position and will continue to hold as a lottery pick.
However, I continue to be discouraged by the lack of transparency. The opportunity is there, but can they execute? Only time will tell.
I have 3 scenarios:
1) Private loan (Bank or private investor)
2) Costs partially covered by partners in exchange for execution of certain miles stones
3) Issuing more shares - if this is the route, I would say GCEI management is clueless. They should be doing everything in their power (legal) to push the pps.
I hold a small position and will continue to hold as a lottery pick.
However, I continue to be discouraged by the lack of transparency. The opportunity is there, but can they execute? Only time will tell.
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