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Re: gemstone57 post# 46468

Wednesday, 01/26/2011 10:16:20 PM

Wednesday, January 26, 2011 10:16:20 PM

Post# of 83504
If they raised money it was likely for something.

We do need petrol for the dredges and wash plants.


Hopefully they prioritize at least and pay the bills that keep us in business.

If they don't start showing sizable and Recurring Revenues quickly they will no doubt be forced to dilute shares again.

I can see the company putting off important fees I just can't see them refusing to pay eventually.

I really don't think Doug is that shortsighted but I could see him waiting for a second or third notice until we could actually be making money from Operations.

Before that gets twisted into something it's not I will rephrase and say I expect Doug either already has or will pay fees crucial to our existence.

He will do what he has to to stay in business eventually IMHO.

They will do what they have to do to stay in business because the only alternative is to go private, which would be rather unlikely.

Anything is possible so we might as well believe they are paying their bills.

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