I'm not concerned at all with the operations team, I'm concerned with Don and Bob and their ability to manage the company and raise the funds they need.
Tom Dean told me after the PR announcing G8MI's $200k investment,
"Obviously, there has been substantial progress on the financing front, and while additional financing will be needed, this is a very good start."
Well, that was in July and there has been no announcement of any more funding, while the stock price has plummeted. Given the amount of shares they have that are not on reserve (376,486,000 based on the definitive 14c), there's only enough free shares to raise like $400-$500k. If it's through convertibles, then you're talking like $200-$250k. And that's assuming the current note holders do not require an increase in the number of reserved shares required.
I don't know what the point of no return is here.
