Thursday, July 28, 2011 3:07:12 PM
- It has a proven process/product verified but reputable companies
- PIPEs to finance operations yet float is still tight
- Tight float indicates good use of capital
- Next step is to finance itself through production (completion of the next machine and selling more output). As the company has mentioned, to be cash positive
- Than focus on partnership/JV etc
Think they have a good implementation plan in place, just my 2 cents.
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