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Wednesday, August 22, 2007 9:11:32 PM
Reverse Mergers of Buyouts
Posted in Investor Relations at 12:24 am by Andrew Edwards
QUESTION:
Is a reverse merger or buyout on the table at this time?
RESPONSE:
There are no immediate plans for any additional M&A activity. However, the topic does come up from time to time with some of our strategic partners. For now, it is business as usual.We have the funding we need in place to carry through on the projects currently in development. This gives us the freedom to be patient and consider opportunities that may present themselves without the financial pressure of short-term funding issues.
As we start to bring some of our projects on-line, the underlying value of the Company will increase dramatically, and improve the Company’s position regarding any potential mergers and acquisitions.
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