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Re: ratobranco post# 63650

Thursday, 12/16/2010 11:55:17 AM

Thursday, December 16, 2010 11:55:17 AM

Post# of 94785
CELM - I understand why people are weary. Management's position according to the CC is and time will tell if they live up to this:

Q: 30M in cash do you need capital raises?

A: Identified a few targets. If share price depressed then use cash. If reasonable then use cash and stock. If need cash then working capital pressure. Most companies a good but can't expand because facing working capital constraints.

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Personally, I can's see how they avoid a significant cash position or indeed all cash.

rich

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