Jersey. After rereading the FAQ section of the Alcar website, I'm compelled to direct a couple of questions your way. First and foremost, are you under the impression that we can still have our first reactors online by the summer of 2007 as stated on the Alcar website?
I wanted to remind everybody that Alex stated that "our O/S will reach 150M with a public float of 50M." If I remember correctly this update to the webpage was posted only about a month ago. Is it safe to assume that Alex was already in negotiations with USSE when this information was posted to the website? If so, I see how you can claim no dilution.
I'm also curious as to the status of the financing plan. If you could take a moment to reread it under the FAQ section and then comment regarding the "two financial groups" that will be funding the $6M. Where does USSE fit into this?
Does this sectioin of the website just need to be updated? or do these statements hold true?
I realize that you may not have answers, but I feel like you have a good pulse on things and I appreciate your input.
Thanks
My posts are my opinion only.
