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Re: MJAM2020 post# 774

Thursday, 10/21/2010 3:37:10 PM

Thursday, October 21, 2010 3:37:10 PM

Post# of 4570
I have a feeling that financially they will not be able to meet the demand for their product. Finding customers I doubt will be much of a problem at all but getting the funds to produce them is another story. We know they did secure some funding, 6 months worth, but how much is that? is it enough to build 500 machines? 100? 10? who knows.

What I don't understand is that the CEO is a very wealthy man if he believed in the product so much why wouldn't he fund it himself? That last 10-Q sounds so pessimistic on their ability to generate enough funds.
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