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Re: Zardiw post# 153876

Friday, 01/06/2012 11:45:39 AM

Friday, January 06, 2012 11:45:39 AM

Post# of 312025
Zard, we are in pretty close agreement on the condition of the company as it relates to where they are in executing their business plan. I am simply trying to get a read on what some of the potential effects could be of the SEC litigation. This is my first rodeo in a stock being sued by the SEC.

Furthering your comments, if processors one and two are running "flat out" the company would likely be in the black. If you assume that pending finance deals were ruined by the litigation, organic funding on the revenue from processor number three could be the start of some pretty aggressive internal growth (3 new processors every other month out of each new processor that starts producing?). In my mind, the question is how quickly they can get number one and two running "flat out" and be in the black. Will it happen before their burn rate buries them? I am betting so, but we don't really know the status of any outstanding funding agreements or how another pipe would go.