InvestorsHub Logo
Followers 8
Posts 1105
Boards Moderated 0
Alias Born 10/27/2004

Re: RockStar1 post# 28302

Saturday, 08/20/2005 7:59:08 PM

Saturday, August 20, 2005 7:59:08 PM

Post# of 341694
So you think we hit 50mil cd's? Even that by years end will be a stretch IMO. What is the cash burn right now at SCMI and the goal of CFP? I believe truth of the matter is we are going no where this year and better plan on tightening the belt till next year. SCMI and MMXT have nothing going on to draw in new money. It's mid August so that gives MMXT and SCMI approx. 120 days to reach their goals. By your own account, December is a holiday month, we were told, that much that was expected to happen at that time was going to wait till after first of the year. Is it any different this year?

120 days to "ramp" up......it ain't gonna happen and mgmt would look better if they came up with some real numbers. Remember, mgmt said the 145 mil by November was CONSERVATIVE! 50 mil is a stretch and now we hear for the first time the CSN is, ah, well.......somewhere we just don't know where. I'm still watching the Eall Street Journal and Washington Post and New York Times like you said and I haven't seen anything. Now I guess I have to watch Universal, Warner...yadda yadda yadda...Hell been watching them since we were told they were coming aboard a year ago!!

Good luck, we need it