Management was very clear, honest, upfront, and direct as to why they increased the authorized and wanted to be prepared for ever possible financing scenario in the event that they can't obtain 3rd party financing to meet that necessary requirement (about 10 million) needed by the Ex-Im bank as per this post. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89862591
I highly doubt this authorized amount will change soon unless we get a Warren Buffett, Bill Gates type of investor in the next couple of months or so to help with this financing and dump millions in the CEO's lap.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.