InvestorsHub Logo
Followers 36
Posts 8284
Boards Moderated 0
Alias Born 04/14/2011

Re: qtipjoe post# 8897

Friday, 09/21/2012 6:57:05 PM

Friday, September 21, 2012 6:57:05 PM

Post# of 20680
No one is changing words but they are changing 50 percent of their footprint, why not 100 percent, that's immaterial. The 50 percent does not mean TEVE gets 50 percent of Charters revenue, only that for 50 percent of Charters foot print they intend on using TEVE's equipment, one unit may cover 25 percent, we just don't know. But to say this contract is worth 3 billion for TEVE is nuts. Yes I'll be here in November. Expect further debt as they hired someone else, more overhead. One contract does not make a good company. Only the future will tell. I stand by what I've said, this company is being set up to sell or to look good for further 3rd party financing or secondary offering. They have to keep the cash coming in in order to continue to expand. This will cause further dilution which may in the very long run 10-15 years pay off, if they make it through the next year.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.