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DewDiligence

02/10/08 7:09 PM

#7992 RE: dodah_2 #7989

>What is your take as to the impact of the new money? Will it put GTCB over some hump or just be used for treading water?<

At the least, it should be sufficient to forestall a “going concern” qualification in the 2007 10K filing. Other than that, I’m not sure what effect it will have. (As previously stated, I do not subscribe to the notion that companies can get materially better terms in a partnership deal by raising money during the negotiations.)