Followers | 40 |
Posts | 1920 |
Boards Moderated | 0 |
Alias Born | 11/08/2011 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, March 04, 2013 12:23:00 PM
Cash on hand - $1,588
Assets - $1.44 million tied up in a mothballed biodiesel plant that has no salvage value and is the subject of questionable ownership (reference SEC suspended company GAEC claim to same)
Operating expenses (G&A and depreciation) - about $178k per quarter
Cumulative losses since re-entering the development stage of $27,555,822 and a working capital deficit of $1,426,370
Pending litigation with Emtel
A ton of toxic convertible debt waiting to be exercised.
Employees = 1 (Robert Federowicz - a man with ZERO robotics experience)
Robotic assets = $0
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