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wallstreet1231

05/17/21 7:47 PM

#52410 RE: Dorckschnott #52409

Share modification, reverse or possibly adding to the authorized, would offer staying payer but no a great path for shareholders. Where is the company going to secure cash flow.

My,opinions.
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jesuslovzu

05/18/21 11:47 AM

#52418 RE: Dorckschnott #52409

I don't believe this is an issue. They sold interest in Recycler for $800,000, far higher than needed to get through to RI_DE decision. If Recycler is declined, then this is a topic to discuss.

At this juncture, though, I see 0% chance that we have any issues before
7-15 when a decision is issued. If it's approved, all the bond $ will hit.

Biggest concern is not $ to pay bills, it's getting projects ( Recycler, Durango,Panels) off the ground.

GL to us!