InvestorsHub Logo
Followers 2
Posts 297
Boards Moderated 0
Alias Born 11/14/2008

Re: Colorado1 post# 29919

Tuesday, 08/04/2009 12:27:12 PM

Tuesday, August 04, 2009 12:27:12 PM

Post# of 83044
Gentlemen,
What good would it be to certify the books without revenue.
Lenders look at the ability to repay the credit facility.
We can go back and forth about regulation, however it's all for not at this jucture unless this company generates revenue.
#1 reason for failure is cash flow. Has this company set aside capital for their intial burn rate? What is their projected burn rate ? What is their plan ? Lot's of uncomfirmed rumors about this company's cash flow. I hope they have a plan in place. Do they even have the capital for their intial burn rate to get to full revenue production. I would like to hear some reassuring dialogue on this topic. Is this company out of cash ?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.