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Re: Crusader post# 7761

Wednesday, 03/25/2009 9:02:57 AM

Wednesday, March 25, 2009 9:02:57 AM

Post# of 22247
You are a 100% right on this one. The plasma system if they can get it off the ground will make the difference I think.
I know there is 60 million dollars available at 0 interest
available for those who qualify in this empowerment zone. This expires at the end of this year if they do not use it.
We may catch a break as the city, county, state etc are going
to relax maybe some of the requirements to get this done. This
would also afford them some workiing capital to do R & D to improve on what they have. The main thing the city & county
want to do is create jobs for this area. This county has been hit hard with unemployment prior to the financial collapse
that we now see across this contry. So the bottom line is that
if they ( City, County,State) do not get things going and use
these funds the economy proably will only get worse in that
area. It's to everyone's advantage to get this done if it is really doable. I think that ECCI et, al did not get a chance
to do anything last night but will be on the April agenda which will be the third tuesday in April where they will get
plenty of time. They need bonding council first which would be paid for by the city and county which will cost
approx 15,000-20,000, to prepare the documents and get all the
necessary doucments to make this happen. That is the first
hurdle or bump in the road. As I have experience in this
I say that even on a fast track you will not see meaningful
results for about 4-6 months as govenrment moves slowly at
best. There is a chance they can get it. It all depends on
their financials and business model and how badly the city
and county will go to assist them in relaxing certain items
that will not be in the norm. I rate this as a 30% favorable
chance at this juncture. Also I agree the plasma addition is
the big fish and where this can take this to the outerlimits.
it would pay for ECCI to merge and use that as the major vehicle to get venture capital and get people interested in
this company. It has more glitter and a better future to
sell to the invesotrs and public.