InvestorsHub Logo
Followers 25
Posts 4778
Boards Moderated 0
Alias Born 01/05/2006

Re: big_money_insiders post# 85382

Wednesday, 01/25/2006 3:30:32 PM

Wednesday, January 25, 2006 3:30:32 PM

Post# of 286480
They believed at the time they need to raise 5 million, Doesn't say definitivly they have to or still need to.

I honestly don't think anyone has the answer you are looking for, And GNF is not going to answer your e-mail and do a private PR to appease your worries. If everyone knew all the "Facts" about a company, investing would be fairly easy, don't you agree?

We will find out in the annual report about fiancing and such, but didn't JF state they were fully capitalized and financed going forward?

No offense, but $5 million dollars is nothing, especially if you have someone like CC backing you and 110% Quarter over Quarter growth that could be occurring and recurring.

There are many unknowns and you are not going to get all your answers, but it's understandable you want to know.


"We believe" we will need to raise at least $5,000,000 within the next twelve months so we may continue executing our business plans. Whereas the Company has been successful in the past in raising capital, no assurance can be given that these sources of financing will continue to be available to us and/or that demand for our equity/debt instruments will be sufficient to meet its capital needs, or that financing will be available on terms favorable to the Company.