No one should kid themselves - this is a very risky investment for all the reasons stated in the report. They are on the razors edge. That said I think this new hire is the perfect person to get them thru to being a stable on-going entity.
If they survive the next 60 days - this is one great investment. If not it all goes down the crapper, but that's what life in penny stock land is all about. If you can't afford to lose the money - don't place the bet.
Again though this new guy - from what I've been able to find out today - is the perfect CFO for this company.
As I said earlier. Situation is better now here as they closed Netherlands post that previous deal. They will get the right financing now that they have no debt and cancelled the toxic stuff and have proven power plant working.
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