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Re: SOUTHGAS post# 17414

Thursday, 04/05/2012 10:33:11 PM

Thursday, April 05, 2012 10:33:11 PM

Post# of 45244
BCCI will HAVE to R/S to attract institutional capital, most of those guys are restricted to investments over $5/share.

For those of you P&L focused, filing requirements will not be cheap -- but they will give us better insights into the financials. For example, where did the Q4 $1.2M add to payables and other liabilities (and shareholder deficit) come from -- how did it not go through the P&L??

How much are the officers of the company getting paid in cash (my guess is $0, they are being paid in dilution. Not necessarily bad, as BCCI is cash poor -- but without paying your key staff, hard to say the company is making money as they desparately want to say).