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EarnestDD

10/20/07 3:36 PM

#95551 RE: cruzdelsur #95545

Where on that balance sheet are the assets to allow them to expand???
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DownWithPumpers

10/20/07 3:37 PM

#95553 RE: cruzdelsur #95545

In the lawsuit where Hunsaker admitted that they only had one million of revenue a couple years ago (before the recent decline) he said they had plenty of production capacity. The current financial statement shows 3 1/2 of months of inventory back-log. It's only the latest excuse-filled PR from Hunsaker that talks about a made-up production shortage.
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ClayTrader

10/20/07 6:44 PM

#95662 RE: cruzdelsur #95545

What you don't seem to understand is "expanding" requires $$$$... did you look at their balance sheet? Where is this money going to come from? Be prepared for MORE debt, OR dilution... simple as that...