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Re: dodah_2 post# 7989

Sunday, 02/10/2008 7:09:16 PM

Sunday, February 10, 2008 7:09:16 PM

Post# of 19309
>What is your take as to the impact of the new money? Will it put GTCB over some hump or just be used for treading water?<

At the least, it should be sufficient to forestall a “going concern” qualification in the 2007 10K filing. Other than that, I’m not sure what effect it will have. (As previously stated, I do not subscribe to the notion that companies can get materially better terms in a partnership deal by raising money during the negotiations.)

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