Wednesday, May 18, 2011 12:56:15 AM
Completely agree with you, the website can be confusing because it shows on this page up to 6 months for the acqusition of all 4 properities here under "total first 6 months capital needs"...
http://brazosinternational.info/company-summary/start-up-summary-and-capital-needs/
And then on other web pages their basically considering all 4 properties are acquired, I cant explain this myself, this one confuses me also, look at "year (0)- cash and equivalents", dont want to make presumptions, but was year zero last year or pre-merger?? does brazos already have all 4 properties?? and was it a simple stock swap for the properies??
Check out here:
http://brazosinternational.info/economic-analysis-and-financial-statements/pro-forma-balance-sheet/
and here: (newly issued common stock)
http://brazosinternational.info/economic-analysis-and-financial-statements/pro-forma-statement-of-changes-in-financial-position/
I dont have the answers, just presumptions, but Im with you this is going to happen....
http://brazosinternational.info/company-summary/start-up-summary-and-capital-needs/
And then on other web pages their basically considering all 4 properties are acquired, I cant explain this myself, this one confuses me also, look at "year (0)- cash and equivalents", dont want to make presumptions, but was year zero last year or pre-merger?? does brazos already have all 4 properties?? and was it a simple stock swap for the properies??
Check out here:
http://brazosinternational.info/economic-analysis-and-financial-statements/pro-forma-balance-sheet/
and here: (newly issued common stock)
http://brazosinternational.info/economic-analysis-and-financial-statements/pro-forma-statement-of-changes-in-financial-position/
I dont have the answers, just presumptions, but Im with you this is going to happen....
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