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Re: learning curve post# 48849

Friday, 12/14/2012 2:01:33 PM

Friday, December 14, 2012 2:01:33 PM

Post# of 80868
I am not touting that they are about to turn around, but this bridge loan indicates, IMO, they are in the process of striking a financing deal. I think they can improve their gross margin significantly if they establish their own facility. If you read between the lines of S1 filed, you will find that they have a provision for $6 million for inventory, which indicates they are seriously considering for investment in manufacturing facility to improve the gross margin. The question is whether they will be able raise money and if they can, how much, and at what cost?