What else is new ?
Joe said in the interview that he will have to do some serious talk with SEC if the 15 M$ does not show up. And the development guy in Magog said that they had to have financing before getting any grants. Is this a catch 22 thing ?
Also, if they don't have financing to run Magog properly, how the heck are they supposed to pay for the Colorado outfit, in used OTT tires, or MDOR shares ?
In Colorado, they are already selling cheap crushed rubber to the market, and whole used tires to mexicans for rethread (sold 5$ approx). They receive tipping fees from every tire that comes in. Can you imagine the selling price...
I would appreciate if Joe put the original agreement signed by both parties in a 8K (scanned version of course) so we can legally see how binding it is...
