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Re: Booch post# 5323

Friday, 09/29/2006 5:47:49 PM

Friday, September 29, 2006 5:47:49 PM

Post# of 46577
I asked that question about being reporting when I first invested with them and I like the answer he gave me. For RMDG to be fully reporting and jump onto the bulletin board which is what we all want, there will be significant costs involved for the company. He is very conservative on the money side and is involved in a bunch of high profile projects that can be cash intensive. His plan was to put three to five million in the bank and then do the necessary filings to make that happen. Again, a good plan. A young company like this shouldnt necessarily make the jump and choke its working capitol structure to do so. Then what? They are a fully reporting company that can report they have no money to fund their ventures. Again.....Common sense will always prevail once we take emotion out of the mix. Long and Strong baby!
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