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Re: Francois+Goelo post# 11845

Friday, 08/24/2001 9:05:11 AM

Friday, August 24, 2001 9:05:11 AM

Post# of 15369
What people keep forgetting is that SEVU was not an IPO. they reverse merged and therefore did not get that onetime huge influx of cash that most new public companies get. The cash has to come from somewhere! If banking is not the answer (which I believe is the case) and venture capitalist (VC) will want the same or more dilution, then I would rather have the key people have a larger stake than some VC who could not give a rats behind.

JMHO




I'm getting thirsty dammit!

Oh yea, everthing is my opinion only. Please make your own decisions and consult your own financial advisors for both investment and income tax issues.