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Re: specular post# 1060

Thursday, 10/30/2014 1:06:52 PM

Thursday, October 30, 2014 1:06:52 PM

Post# of 2046
Yes, to state that ENCR for 100% certain will not need to raise any more cash is inaccurate. Are you implying I said that? My statement in the post you replied to says I don't see massive dilution and ENCR won't require tons of cash to ramp up.

CEO said several months ago in an interview they forecast the company break even in around 18 months. Of course this also is not certain but it will require very few units sold to get there. Then they can grow either at the pace of units sold with little or no further dilution from there or they can raise more cash to expand quicker.

Sure it's risky but looks to have far better odds of being a 50 or 100 bagger than 99% of stocks I see out there.