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kavdiv98

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kavdiv98

Re: None

Thursday, 04/03/2014 1:02:42 PM

Thursday, April 03, 2014 1:02:42 PM

Post# of 163716
Shares outstanding.

On the last cc, Solly mentioned that 26 mil usd was the external funding required for 2013, at the beginning of the year. During the cc, Solly also mentioned that only half that amount was required in Nov 2013 - 13 mil usd.

Only 135 mil shares were outstanding in mid Dec, and the 13 mil usd could have been be raised for the 2013 capex from the additional 35 mil shares that could be issued.

Turning cash flow positive in the 2nd half of 2014. Why the hurry to register another 26 mil shares. The MF?

kavdiv
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