Monday, January 25, 2010 10:55:17 AM
"However, the company is planning to coordinate the pending $3.5 million government guaranteed loan and $1.5 million cash equity match with an upgrade of its listing to OB from the Pink sheets."
If I understand that process correctly, they will need to be current on their financials. I'm not a savvy enough trader to know where to look for such things.
IMO, today's news was great! They got a $5M loan with their $1.5M match. That's even better than what the December PR stated. Does anyone know the expected cost of the warehouse/Denamis/operating costs? Does the SC warehouse operation max out their funding? Or will they have some left over for other projects?
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