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Jack_Bolander

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Jack_Bolander

Re: kettleman post# 4849

Thursday, 12/17/2015 6:10:45 PM

Thursday, December 17, 2015 6:10:45 PM

Post# of 8472
2016 will be great fun...

Oil stays UNDER $50.00/bbl, conversion economics extend beyond 5 years and ROI's go negative...

The $150 million Note comes due

The ATM raises only $50-70 million and DILUTES the existing shareholders by 20-25%

We win Miami-Dade which gives us relevance, but loses money.

We LOSE Miami-Dade which proves we are no longer relevant, but we don't lose as much money,, so that we linger on life support a little longer.

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