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Re: joev2 post# 67076

Wednesday, 03/14/2012 7:26:44 PM

Wednesday, March 14, 2012 7:26:44 PM

Post# of 91122
yes as I said cpa/cfo's and other intelligent people advanced millions towards the millions in equipment-much of the non cash contributions were paid off from the 1st ship as per a PR last spring-so PR clearly mentions such investors.

They are probably completely paid off now w the ca 4.2 million profit from the 60 k tons of order #3 and order #4 sold and paid for in Dec.

As I've noted several times the last filing shows Bob having advanced 1.6 million-he was probably in debt up to his eyeballs before getting a small part of his investment back from 1st ship-which usual crowd complained vociferously about.

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts.

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