InvestorsHub Logo
Followers 5
Posts 826
Boards Moderated 0
Alias Born 12/10/2009

Re: Steve1978 post# 3015

Friday, 09/17/2021 5:58:19 PM

Friday, September 17, 2021 5:58:19 PM

Post# of 27621
If Roselle or its successors do not deliver the cash to roll out the business plan in a timely manner then why does dilution matter?

If there is no new cash for the projects then dilution is only an issue for a holder to sell their shares to a bigger fool.

We need the $ 130 million from somewhere to roll out the four announced plants. No cash means no equipment orders issued to GGII. No equipment means no cash flow from the projects.

As for the IP, we need cash to market the IP. However, from the buyers side what is in it for them? There are already competing systems for disposal of plastics, foam and all manner of MSW. The systems are substantially clean. China and the Far East may copy the IP based on the disclosed patent filing and ignore any future infringement claim.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLNV News