Replies to post #920 on Nanopierce Technologies (NPCT)

[Phil(Hot Rod Chevy)]

Danny,

Your estimation of the end of March is foolish enough to make me believe you are just another alias for mary.

Matt would know if I was Mary posting as me.

She's too pretty to be me.

I'm just an 18 year old in a 52 year old body. I still wonder who the old fart is that looks back at me in the mirror every morning.(I can only stand to look at it once a day)

The real question is not how long will they make it without more funding but will they get more funding.

The answer to the question in my opinion is that there is a line of people willing to fund this company.

And:

She is the only one who would make such a far out claim for shock value that I have run into on this stock.

My estimation is based on a company generated document.

IOW, they burned $3,868,885 in the last six months of 2001.
At the end of 2001, they only had around $1.8mm left

Therefore my statement:

I doubt that without borrowing more money or issuing more stock(thereby causing further dilution) they will make it past 3/31/02.

I didn't say they couldn't make it past 3/31/02, I said I didn't believe they could make it unless they borrowed more money or sold more stock.

Neither of those options are good for existing shareholders.

Do you agree?

If not, why?

Let's talk specifics, if you can.


Have fun,
Phil