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Re: Capt Bob post# 4811

Wednesday, 06/10/2009 1:00:59 PM

Wednesday, June 10, 2009 1:00:59 PM

Post# of 63383
Bob, no one here wants to address any real issues that deal with this company.

Like;

How does the company plan to raise the $20,000,000.00 in capital from investors they are asking for in their propectus?

Are they planning straight dillution from a new common offerring?

Will we see someone like Cornell Capital get involved, which is never good for a start-up?

I don't think they will go the 504 route right away because that will limit them to only 1 million dollars per year.

What is your take?

And it was pushed to .10 for a reason, and is staying in this range for the same reason.

All in MHO of course.

Lem



All post are purely my opinion.
Do not buy or sell based on anything I say

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