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Re: thetruth63 post# 4501

Thursday, 02/04/2010 10:14:54 AM

Thursday, February 04, 2010 10:14:54 AM

Post# of 13354
You know the history of Parsons and splurging money as can be seen from the financial statements. As we get ready to sign all those contracts, I dont see how in the world we will be able to fullfill them unless we we raise a substantial amount of capital..
Do you remember the PR which stated thay would acquire GEN-X? How will we pay for that, unless that was another one of those fluff PR's that will not materialize. Like I told you before, we can grow slowly without diluting, but if we will expand like the PR's suggest, I dont see any way around it. We dont have the assets to walk into a bank and request a multi million dollar loan that will be required to move forward. But of course that is my speculation and dilema as I have to decide where we will be in our share price 30,60,and 90 days out. Without a doubt, we will see some huge volatility as the daytraders circle the water from now until we announce our plans.
Good luck to everybody !!!!!!!!!!