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Re: pengy post# 14327

Monday, 07/28/2003 11:21:55 PM

Monday, July 28, 2003 11:21:55 PM

Post# of 78729
What I meant was if we don't get ANY TYPE of non equity funding. There would be no way that we could get the tech to market fast enough to make any type of a difference. If we need 6 million dollars as they say, they would likely need to sell around 60 million shares (give or take) to get that. That's assuming they have the credibility left to talk anyone into buying that isn't already spent out from the past 4 years. We may even have to resort to some type of floorless convertible type financing. Now I wonder if Cooper would allow that to happen? Ivan???

Just a few thoughts,

ElderWolf



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