Thanks for the response. I totally agree with what you're saying.
I had a chance to speak with the CEO today and he's a really nice and informative guy. He pretty much stated the Ex-Im bank situation is what held them up from being able to do most of what they hoped to do this year. From a financials standpoint, he said Q3 is looking like a pretty good return, but they should have better results for Q4 because of the recent sale of the Red Bird System in China. The delay on the financials is not attributed to them, but the financial company doing their Q-10. They've provided all of the information and they're just waiting on it to be filed.
It didn't sound like they have used the O/S to finance their business, as he said they are waiting for the vote on the EX-IM reauthorization by the Senate on Dec. 4th. If this happens, then it will allow them to go and close deals in Panama, Cameroon, and other parts of South America.
I highly doubt they would dilute the shares because the vast majority of the shares owned right now seem to exist with the CEO and many of his friends and family. So they have a lot on the line, much like many of the investors waiting on this company's success. What really sucks, are the shorters who cut into their liquidity by pumping the stock and then causing it to fall so drastically.
They're very focused on making this successful, but he reiterated it will take some patience from the investors, as well as himself to see these things are completed. However, he's planning to head back to Cameroon next week to finalize the deals. Let's just hope the EX-IM bank gets reauthorized
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