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Re: trt05 post# 64137

Tuesday, 09/30/2014 11:21:52 AM

Tuesday, September 30, 2014 11:21:52 AM

Post# of 76488
So you are saying that VGPR's portion of the funding is secured. I'll sleep better tonight. I just wonder how they pulled that off. The plant will have to cost at least 5M if not more. VGPR will need half of that or more (no one knows the details), to complete. Molen had Zero cash when this process started, and has lost money each month since. In fact VGPR was on the verge of reverse split and name change (again) when process started. The PPM at last report had raised $380,000. Molen says no dilution, but even if he had sold all remaining shares authorized, it doesn't come close to the amount required. Where did the $2.5-5 Million come from?