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Ed Ajootian

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Ed Ajootian

Re: boomer23 post# 6054

Monday, 06/04/2012 10:45:27 PM

Monday, June 04, 2012 10:45:27 PM

Post# of 7618
boomer, in RDMP's latest SEC filing they had under $1M of cash, so I take it that you are kidding when you refer to their pockets as being deep?

In the PR dated 3/16 XBOR announced a $10.5M cap ex budget for '12. It will be interesting to see how they meet this requirement. Not sure if RDMP would consider it to be in their best interest to assist XBOR with this, especially if RDMP is considering acquiring a controlling interest in XBOR at some point.

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