Helix Wind Corp (HLXW)

[VistaViewer]

clnrgthnkr, At their current burn rate the $450K ...

...might buy them about 6 months of life.

Unless they can develop a regular stream of orders, and translate that into revenue, they're not going to make it. They will just borrow themselves into oblivion. They are using what is called "Death Spiral Financing" right now.

But that does NOT mean there isn't money to be made on this stock. I have seen bigger POS stocks run far and high, making major coin for the flippers. It just has no appeal to real longer term investors. It is now just a flipper's plaything. And the shorts are already salivating over this situation.

It's really too bad, because it sounds like they have a really cool design for wind generated energy. The market needs/wants products like this.

But over the last 10 years I have seen many a good company with great products driven out of business by their "lenders". Every time they borrow money the lender already knows they're going to receive shares based on the prevailing market price. So the lender shorts the stock to lower the PPS in order to get a better deal. This is not rocket science.

So, you may be correct, that they won't need to borrow again for a few months, assuming they can actually collect on their receivables. That may cause the PPS to stabilize and actually go up. But at this point I would anticipate a company-run "pump" because they have no other real choice. They are now engaged in a close-combat battle with their lender.

All just my opinion...

VV