Loch Harris (Old)

[lmorovan]

tjfitz, it makes sense, since CDEX does not have much, if any, shares left for Private Placements, and if MP will need more working capital, he will rather increase the issued shares and perform a forward split, allowing more Private Placement investors to get aboard at attractive prices. It's easier to find investors to pay $.50 per shares than $2.50. Most likely the contract money ($200,000) will be eaten up by administrative expenses and overdue salaries. And CDEX will not see the $800,000 before showing some factual and validated proof of the viability of the technology before the Navy would invest that money into. It's a wait and see game, and, in my opinion, things are not as rosy as some try to paint them.