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Byronbud

06/20/20 4:51 AM

#1077 RE: TMH0312 #1076

It would seem the directors have agreed that expansion into Europe is not only financially viable but they have found an opportunity to expand and grow after the experiences in Fulton.
There are businesses that are in decline, there are businesses that are stagnant. But I would suggest that Attis is thriving.

eduwhitesox

06/22/20 8:13 AM

#1078 RE: TMH0312 #1076

I agree; Show Me The Money !!!

I have seen a couple of Letters of Intent that never came to fruition. The Letter is taken to the Private Investors first; then to the Banks. The Letter of Intent is a high powered CAPEX.

I have presented several CAPEX Projects for greater than $1.0 Million. Management have dragged their feet with funding; always. Then Engineering of the long lead items takes place. The ultimate goal is that management does not acknowledge that the Start-Up date is based on the procurement, construction, and installation of the processing facility. A few CAPEX Projects become shelved after reality sets in.

A decade or so ago; I was a Program Manager for recommissioning a Cheese Plant in Wisconsin. The owner (customer) was beating us down relentlessly regarding start-up. They even held back funding for 2-3 months while discussing scheduling. We finally agreed on a schedule. When we "finished" I calmly stated that Deer Hunting Season occurred right in the middle of intensive Tradesmen installation. My co-workers (from IN) were kicking me under the table; while the customer paid no attention. After a minute or two; the customer said: "Add two-(2) weeks".
NOTE: I am a FIB from Chicago; who have worked with Wisconsonites