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Re: Artguy post# 18251

Thursday, 02/04/2010 1:35:07 PM

Thursday, February 04, 2010 1:35:07 PM

Post# of 35337
You are dancing around the real issue here. They have no working capital to get any of this done. Will their suppliers give them a year to pay? I think not. I still think you are downplaying what it will take to put a FTV together. They will need a large facility and equip it...expensive. I would guess that they think maybe they can set up a licensing agreement for some Iso-Torques with someone and use that revenue get started with the FTV...okay maybe that can happen, but based on past performance I wouldn't think that it is highly probable at this point. Where does that leave them? With an order from the AF with no means to fill it, unless they will agree to maybe 5 or so deliveries a year...and that is probably pushing it.

I had to laugh at the Channel 10 report. I have seen reports like that in the past...an r-news story comes to mind. What Jim and the reporter were saying is completely laughable IMO. I'll believe it when I see it...yes. Someone explain to me how they are going to pay for FTV manufacturing and maybe I will change my tune.


I'll admit I would not buy into this company if I had to decide today. But I see a possibility that they can make some money, so I have a small investment here...I didn't break the bank like so many others here did.
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