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mansion23

09/11/14 7:55 PM

#63227 RE: red lexus #63226

Agreed he does need to keep us more informed of the state of things.
What I got from the CC was the PPM was to raise $1 million. The cost of the torrefaction machine is $5 million, so I am assuming we will be financing the rest either through a loan or grants. 20% down just like a house.

mansion23

09/11/14 7:56 PM

#63228 RE: red lexus #63226

What I'm saying is the funding is there and is ready to go but they want 20% down before they let it happen. IMHO