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Re: NitWhit_needs_2_quit post# 9523

Monday, 08/31/2009 10:04:20 AM

Monday, August 31, 2009 10:04:20 AM

Post# of 23900
Once again, NitWhit's focus is off the ball. The ball that he needs to laser on with all his might is the N.I.R. lawsuit. He needs to make that go away. In the meantime, he needs to quit spending money or energy on efforts other than expanding sales. Not operating at anything near capacity now, the fool needs to tweak the manning and productivity to allow the refining process to keep pace with increasing sales. No fund raising that comes on the back of the N.I.R. litigation and has onerous covenants attached. And any resolution with N.I.R. involving payoffs to go away should be the personal liability of Whitney himself along with the Board. They facilitated the crooked arrangement; they should bear the responsibility for it.

Prioritize the current project, but do it with cash flow, not debt incurement or stock dilution. Get a clue!

Prox