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Re: Orreborren post# 32393

Friday, 03/08/2013 9:15:10 AM

Friday, March 08, 2013 9:15:10 AM

Post# of 163718
Orre: nobody can answer that question for now, not even Solomon imo.

In his recent s/h letter, S pretty much said he will do his best to satisfy the company's financing needs in 2013 with all classic options like income from operations, governments grants... and seek all new financing alternatives that the FN listing has opened up for us (and not available until now) like a bond offering or a PP at near NTA per share prices (meaning $1.5-2) that are most accretive. Read what you want from that, but my read is he will try to avoid equity financing as much as possible, at least at current low prices since that's obviously the least accretive way to get funds. What else can he say?

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