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Re: modrica post# 62443

Tuesday, 03/12/2013 9:31:59 AM

Tuesday, March 12, 2013 9:31:59 AM

Post# of 67010
Fair enough. It is not my intention to slam anyone, and I do try to give company benefit of the doubt. There are just so many questions that are unanswered, but this is pretty clear- March 6 was a key date for payments due and while I think pretty obvious company will have to re-negotiate terms, as a public company material events need to be reported.

I realize all stockholders would like to maintain hope and belief in the company.I sympathize that some would like to see no dilution but that is unrealistic, also that some wish to hang on to belief company can get a mill up and running, and maintain control of mill,with little cash. However we are now into March, some update is needed ! (a) what is status of deals that required payments by March 6 (b) to meet payments due in June, and funds required to stay in business and get mil up and running what are company's plan ? (c) does company still forecast a start date by September ?. These are not unreasonable questions. The concept that company cant make forward looking statements doesnt hold water since the company has already made forward looking statements to investors.

Why the silence ? It just feeds perception that maybe something is wrong.



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