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lilpuppy6

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lilpuppy6

Re: None

Thursday, 06/16/2011 8:07:04 AM

Thursday, June 16, 2011 8:07:04 AM

Post# of 103308
I am a little dissapointed in the amended capital structure document.

Why didn't us shareholders made aware of the ACTUAL current financical status of the project.

$200 million in debt?

I was always under the impression that it was half that amount.

Whether or not this is "typical" formation for these types of projects is NOT the point.

The real point is, we were kept in the dark as to the ACTUAL stucture and financial status of the project.

I feel a bit misled...peronally speaking.

No amount of d&d would have sussed this important fact out...only the SEC stepping in...which is not a great vote of confidence in mangement IMHO.

Looking forward to more "facts" coming to light.

This doesnt' look good so far IMO.

Everything I say,is only my opinion. DO not rely on anything I post,as buy or sell advice. DO your own homework.

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