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Re: RBKissMyAs post# 31890

Sunday, 03/27/2011 11:20:32 PM

Sunday, March 27, 2011 11:20:32 PM

Post# of 65657
Dont like to write here much any more but..............

You keep going back to how much money they need, in regards to the 10K reporting for operations. 10K's are AS AT reports. Since it is an AS AT report, the 7 mil needed as stated in the 10K, was at 12/31/2010. Since then, they have secured a LOC of 7 mil, as of recent, after 1/01/2011. So let that 7 mil rest already.

Money is avail if needed. Equity financing is better than debt financing. Shares for work is better than cash outflow. Belief in the possible up tick of SP is way better than milking a company for cash in salaries.

Again: statements of going concern and continued OPS is normal for a start-up.
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