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Re: be_real post# 143926

Thursday, 02/07/2013 7:37:45 PM

Thursday, February 07, 2013 7:37:45 PM

Post# of 157299
Thanks Be, IMO its a matter of putting your cards on the table with a 2nd tier investment house and discussing after an appropriate NDA existing negotiations, perspective, business plan and estimated contracts and revenue enhancements. Potential for grants and subsidies. What debt on the books is negotiable for settlement, litigation and write offs. I have no doubt that Glenn and company are aware that LJC has destroyed the share price and therefore the stock currency. LJC is a quick claim loan shark with no vested interest in the company. Unfortunately people tired of pulling out their wallets at every stop and we ended up with desperation funding to get here.
A real business plan of revenue increases and continued balance sheet improvement may interest a firm at this point to take a position and short term fund our manufacturing. Otherwise we may need a private placement to bridge us similarly. It all comes down to what the company can substantiate for continued and growing revenues as well as debt clearance. IMO

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