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old man river

12/05/22 4:20 PM

#14219 RE: Steve1978 #14211

Our recent quarter did not show any material income and only a small investment in equipment placed in India. So, retrospective financials are not meaningful to an ESG fund. A funder can only look at bankable prospective projects. Unfortunately, our past track record on successful versus unsuccessful press releases regarding LOI's does not instill a lot of confidence. We might be able to get an ESG fund to look at each project based on land, building, equipment, management, firm supply and firm offtake agreements. Hoe much will we need to give up to get the money when we are not contributing new cash and other key attributes. Look at 10 pc closing costs, 8 pc interest and 40 pc of the stock.