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Wednesday, June 04, 2014 9:26:32 AM
As discussed earlier in this MD&A, our processors are currently idle and, thus, we are not producing fuel or generating fuel sales. Our current cash levels are not sufficient to enable us to make the required repairs to our processors or to execute our business strategy as described in this Report. As a result, we intend to seek additional capital through the sale of our equity and debt securities and other financing methods to enable us to make the repairs. Management currently anticipates that the processors will remain idle until at least the third quarter of 2014. Due to the many factors and uncertainties involved in capital markets transactions, there can be no assurance that we will raise sufficient capital to allow us to resume operations in 2014, or at all.
MLM playing White: Queen sacrifice bait and mate in 7
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