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Re: LORTAP KCOTS post# 57827

Monday, 08/25/2014 10:28:03 PM

Monday, August 25, 2014 10:28:03 PM

Post# of 232826
This could be good or bad. From their last conference call, they have $16M in cash. There's no reason this "investment" is only to be used for on-going "admin" operations.

Do they need these funds to fund a start-up production? Maybe...but why wouldn't the company requiring the start-up simply fund it up-front? This is what Apple did for GTAT right (buy furnaces to produce sapphire for the iphone 6)?

One organization to pay upon receipt of a product is the government.

The government most likely wouldn't pay for missiles until the end product was received....

Just my 2 cents. LONG LQMT.
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