Tuesday, April 24, 2007 10:22:24 AM
You need to keep in mind that SPRL does not own the 80M in sludge. The joint ventures own the sludge. That is a big difference. And the SPRL investment in the JV was in itself a partnership. Just keep those in mind all I'm getting at.
We need the dilution to cease, or at least a PR showing us what is being done with the dilution proceeds. I have stated before, that dilution is a good thing--shows that Sam is busy making deals. The shares are issued to raise capital for expansion, new JVs, etc... It is not done to pay hydro bills at the office or line his pockets.
We need PRs with updates. We need financials, audited or not.
We are certainly on better standing than we ever have before IMO.
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