Golfnut, love the name btw, but I beg to differ on your view of the PP. Some here call me all sorts of things, but I don't hide under an alias because I have nothing to hide as others do (not necessarily directed at you, but others).
Well with that said, I like the idea of not pushing all that cash into SeaView creating immediate dilution. The current PP is like having a savings account that covers your checking account if a check overdraws it. The savings account (PP) is only used when necessary. Isn't it obvious that deals are progressing, but a net 30, 60, or even 90 days severely limits the cash flow TODAY.
On the flip side, I am a shareholder and want to make money on my investment like the rest here. Fortunately in a few weeks I will be able to directly help with the success of SeaView once I get moved to St. Pete and start working. With that I have more than just a chunk of money in SEVU stock at stake here so I take all of this very seriously.
JMHO, Adam Jordan
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