InvestorsHub Logo
icon url

tkc

03/20/07 2:52 PM

#139900 RE: cygnuscap #139898

That's disingenuos at best. Yes, Wave projects it needs $11.5 in additional $ to continue operations thru '07, but that can come from gross profit. $13M in rev @ 90% margins yields $11.7M in gross profit enough for Cash Flow B.E. It is very posible, if not probable, that $5M in new funding will carry Wave to B.E. But thx for the info.
icon url

awk

03/20/07 2:55 PM

#139901 RE: cygnuscap #139898

Hey cygnuscap

What ya' think? Do ya think it would be appropriate for a rep of GMT Capital to post on a public board? It's like if the CEO of the company would post on a public board and hype the stock...

Think about it!

icon url

RootOfTrust

03/20/07 3:50 PM

#139913 RE: cygnuscap #139898

cygnuscap, one might expect you to be fair enough to include in your dilution projections a higher placement price alongside the lower ones...it's a matter of principles.