Sino-Global Shipping America (SINO)

[value1008]

In the lengthy, "boilerplate" listing of the co.'s risks, which appears to me at first perusal to be taken straight from their 10-Ks of the past two years, occurs this "risk" item and explanation, which may be pertinent to what i wrote in the previous post:

--We may need additional capital and may sell additional securities or other equity securities or incur indebtedness, which could result in additional dilution to our shareholders or increase our debt service obligations.


In the future, we may require additional cash resources due to changed business conditions or other future developments, including any investments or acquisitions we may decide to pursue. If our resources are insufficient to satisfy our cash requirements, we may seek to sell additional equity or debt securities or obtain a credit facility. The sale of additional equity securities or equity-linked debt securities could result in dilution to our shareholders. The incurrence of indebtedness would result in increased debt service obligations and could result in operating and financing covenants that would restrict our operations. We cannot assure you that financing will be available, if at all, in amounts or on terms acceptable to us.