Monday, August 31, 2009 10:00:12 PM
Let me highlight a few important pieces from today's PR:
1. A net income of $15 million by debt reduction.
2. They have alleviated $7 million of debt associated with the Durant facility and can actually shoot to make it operational per their business plan by Q1 2010.
3. A positive earnings per share to report to Wall Street.
4. This filing will most likely get them fully compliant with Pinksheets.com listing requirements, and thus pave the way for a potential uplisting
5. IT ESTABLISHES A LINK TO EVLN!!!
For those that have been on this board for more than the last week...go back and read my posts from July 22nd when they announced the plans to uplist this stock to OTCQX.
I said it then that there would probably be a merger into EVLN which was already at the minimum price per share.
Maybe by establish this in reverse this is a sign of things to come.
Also, I have speculated that maybe there are some deep pockets in the mix for this thing.
Everyone thinks they need to be fully operational for this stock to go up. That is not true....this is an emerging, growth industry that is getting a TON of attention right now by the US Government, as well as Global Attention.
Don't think that's lost on the big fish and deep pockets out in this world.
Stay the course people and we will be rewards in time.
Ace
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM