InvestorsHub Logo
Followers 74
Posts 7117
Boards Moderated 0
Alias Born 03/31/2010

Re: Bullit69 post# 31525

Wednesday, 03/02/2011 11:31:14 AM

Wednesday, March 02, 2011 11:31:14 AM

Post# of 91121
There you have it people. Confirmation from CWRN's production manager that the very first shipment will not only pay all the debt but greatly exceed the debt.
So,as the 2-28 PR says,they could start using some of those revenues to start the buyback on a "per ship" basis.

They previously noted they were 3 million under budget and they would have to be for first ship revenue to cover all debt "many times over".