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Thursday, February 22, 2007 3:55:06 PM
"While USSEC has certainly spun up to take its place as one of the most actively traded pink sheets, the reporting issue is very simple: the company benefited from the grace of a few private investors who helped place the building, first reactor assembly components, and key infrastructure pieces. Reporting / future audits / financial reports will be forthcoming, and will be a structured part of any transition to a higher exchange. Right now the numbers look very simple: company members gave $x, USSEC spent that money on improvements that can be touched, and the financing world is wide open for joint ventures and specific project financing. The less it costs to borrow money for $700m plant creations, the more value shareholders inherit in the short and long term."
Who says USSE "needs" govt r&d money?
He also stated a long while back, that auto fuel was going to be gone after in year 3.
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