InvestorsHub Logo
Followers 8
Posts 144
Boards Moderated 0
Alias Born 12/30/2013

Re: Cass post# 18158

Thursday, 03/19/2015 6:32:08 PM

Thursday, March 19, 2015 6:32:08 PM

Post# of 57062
If I can chime in real quick.....
I was on the STWA Y! message board and there was a posting this Monday that had a link to a Sierra Equity blog. Here is the link: https://search.yahoo.com/search?p=sierraworldequityreview.blogspot.com/2015/03/all-hand-on-decknew-3-million-revolving.html

I brought this up on the RB message board and fully understand it is all speculation. I did, however, draw parallels to GB's experience in the banking industry and how unsurprising it should be if GB were to secure a commercial "line of credit". Gregg has mentioned that the company has enough cash on hand to get through August/ September this year, so it wouldn't surprise me that/ if Gregg looked into some sort of financing versus the option of selling shares. Just as if I were personally in a financial pinch and needed some cash, I would probably look at a cash advance on a credit card or draw money out of my HELOC. I would NOT sell shares of stock, especially with this kind of potential, to free up a little cash.

Hypothetically speaking, if STWA sold 1 million shares at, say, $.50 a share to give them $500k, then TC or KM finally come through on a contract where PPS shoots up to $5.00 a share, the company would lose out on give/ take $4.5 million.

This is, again, all speculation. Although verrrryyyy interesting.

Long and strong as usual. Looking forward to watching/ investing/ participating in the heavy STWA story that is unfolding.

I apologize in advance to Mrs. Ano if I have misspelled the word "verrrryyyy" incorrectly as I forget if there are 3 R's and Y's or 4.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent QSEP News