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Re: DojiMan post# 2682

Saturday, 05/16/2015 3:42:19 PM

Saturday, May 16, 2015 3:42:19 PM

Post# of 12179
Yeah, none of this is true... until you do some real DD.

The facts are:

gevo had a 1 for 15 reverse split effective on April 20, 2015.

gevo on May 14, 2015 announced that it had agreed to sell 4,300,000 common stock units at a public offering price of $4.00 per common stock unit.

This offering was just in time for gevo and is in line with analysts that stated gevo is "money-starved" and that gevo currently possesses only $4.4M in cash and has a $10M per quarter cash burn rate.

Despite the cash burn, the 2014 corporate salaries for the top five gevo executives exceeded $2,170,000,(excluding bonuses and stock/options compensation). Their total compensation was $3,820,000.

Apparently, gevo did not consider the retail shareholders in their grand scheme of things. I doubt that gevo stock will rise above $4 per share channel given this recent massive share dilution.

The big question is how much longer can gevo remain solvent given the present cash burn and the corporate salaries?

Yeah, but then again none of this is true, unless you do some real DD.



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