Monday, May 16, 2011 3:54:32 PM
Even at $1.00 per share this valuation is a bit rich, since the OPA FIT contracts are far from a sure thing and the window of opportunity is shrinking everyday along with the PPS. I'll hang around a while longer and watch this play out; maybe any day, any day management will even let us see some credible, audited financial statements...
Of course, I don't expect the financials to be pristine, since the Company has no revenues, no contracts and presumably very little liquidity, but it would be encouraging to see that the Company understands how to balance the balance sheet and how to publish audited financial statements for the financial community and shareholder consumption.
Accordingly, to keep this Company's management on the level, I'm nominating "diagonal" to carry the torch for the next mile...
Gilda
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