Attis Industries Inc. (fka ATIS) (ATIS)

[eduwhitesox]

I agree; Show Me The Money !!!

I have seen a couple of Letters of Intent that never came to fruition. The Letter is taken to the Private Investors first; then to the Banks. The Letter of Intent is a high powered CAPEX.

I have presented several CAPEX Projects for greater than $1.0 Million. Management have dragged their feet with funding; always. Then Engineering of the long lead items takes place. The ultimate goal is that management does not acknowledge that the Start-Up date is based on the procurement, construction, and installation of the processing facility. A few CAPEX Projects become shelved after reality sets in.

A decade or so ago; I was a Program Manager for recommissioning a Cheese Plant in Wisconsin. The owner (customer) was beating us down relentlessly regarding start-up. They even held back funding for 2-3 months while discussing scheduling. We finally agreed on a schedule. When we "finished" I calmly stated that Deer Hunting Season occurred right in the middle of intensive Tradesmen installation. My co-workers (from IN) were kicking me under the table; while the customer paid no attention. After a minute or two; the customer said: "Add two-(2) weeks".
NOTE: I am a FIB from Chicago; who have worked with Wisconsonites