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Re: kennypooh post# 861

Thursday, 04/01/2010 11:10:45 AM

Thursday, April 01, 2010 11:10:45 AM

Post# of 15749
Kenny, good morning! That is true in general, but CABN has only been raising money by selling discounted (discount to retail price for minimum dollar investents) new shares only to accredited investors, not sold directly into the retail market. I don't know the details as to resale restrictions, or time limits, if any on those shares they sell to those investors.
This a good one to keep a close eye on as the CEO pretty much said in a recent PR that they will have a power plant partner full scale deal this year, and that they have active negotiations ongoing now with more than one.
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