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techtrade

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techtrade

Re: nobody3 post# 35772

Wednesday, 02/23/2011 4:09:31 PM

Wednesday, February 23, 2011 4:09:31 PM

Post# of 118202
I would be willing to guess that a large bulk of that $500,000 was for the equipment they ordered in early Jan. So it stands to reason that they are not waiting on the balance (which is an option for the other company, not a mandatory payment) to start production.

BTW, in which press release did they announced that they needed $500,000 to start production. I'd like to review the details.
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