I think you are asking tough questions and as they are answered one by one I for one am feeling even better about my stake in DLAV. Mindless namecalling is only going to result in ignorance and lost capital. Frankly, I can't afford that. I've got better plans for my cash and it doesn't involve giving it away.
As to the burn rate and potential future default, I would have to answer your question with a question: In light of the way that the recent May 2007 financing was structured (i.e. not a bottomless vortex of billions of dilutive shares) do you think that Humphries and Company put that language in there by accident? I think they had a handle on the predatory nature of the Offshore partners and accordingly acted to put a reasonable limit on their rapaciousness. Do you agree? Regards, -Fritz