InvestorsHub Logo
Followers 253
Posts 5738
Boards Moderated 1
Alias Born 08/05/2010

Re: Sheepdog post# 31190

Wednesday, 11/17/2010 3:56:43 PM

Wednesday, November 17, 2010 3:56:43 PM

Post# of 45174
See Ben this is a good question.I like it.I had the same question also. No one gave me the answer. But i thought an answer.Like you apply for a loan or want to sale something.The process takes time depending on the sitituation.But life goes on . You have everday expense.In order to run you need income equql to your expenses.If you do not have have enough income then you borrow short term or sale something which you can buy it later.That exactly BDGR did .Past PR they mentioned thay need 5000barrel/day in order to brake even.So they were short.In order to stay float and get company going they sold share which can be bought back.