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Re: maddogs post# 8099

Friday, 11/24/2006 10:23:36 PM

Friday, November 24, 2006 10:23:36 PM

Post# of 35633
Thanks for the dd maddog. It answers alot of questions about the lack of Chastang news. I'm sure we would have all prefered that Chastang and subsequent LF gas paid for the LTC commercialization, but clearly that ain't the case now....

Most certainly the company will need money as they move forward, especially as they have no revenue at the present time. I'm much happier to see an increase in the A/S than:

1. a compromise in the controlling interest in their patents in an exchange for $$$$.
2. a takeover of the company at the current PPS or even 4x the current PPS
3. a deal with the devil (read Cornell).

Plenty of these start-ups print shares whenever they order a pizza. Robbins has been nothing if not a responsible, cost-conscious, fiscally conserative CEO.

Let's hope that 2007 connects some of the dots laid down in PRs this year and the company can actually become commercially viable.

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