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Jumpinjackas

02/03/16 7:00 PM

#19453 RE: AlaskaBushMan #19452

Spreading his "pattern?"

Hamilton hight

02/04/16 10:22 AM

#19457 RE: AlaskaBushMan #19452

"For one, the whole acquisition of Spiral Energy appears to be shrouded in mystery. As we mentioned already, when they first announced it, DROP said that with Spiral on board, they will be “expanding the operations”. Just a few days later, however, the former management team resigned and left the company in the hands of the people running the new subsidiary. Not surprisingly, people are now wondering whether they're invested in a biomedical or a renewable energy company and the whole uncertainty is apparently making them nervous.

Speaking of uncertainty, the press release about the reorganization mentioned a $1.6 million financing agreement but somehow, it failed to give us any details on how it will be completed."