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weo1998

03/27/08 11:44 AM

#10492 RE: upanddown123 #10491

upanddown123, you don't understand this type of financing. The 02 cents in the 8K means little. Cornell will never lose money as they can issue the stock at the last 5 days of market price. They could essentially max out the O/S and authorized on this offereing if the share price continues to fall. I had to laugh they said they wouldn't short. That's the funniest thing I have ever heard.

golfer123

03/27/08 11:48 AM

#10493 RE: upanddown123 #10491

help with cash flow at this point - LMAO

go back and look at the cash they've managed to burn thru

2MM from ABB

600K from cornell on 10/25/07 - is that all gone???

they can't generate enough cash to keep the business going even with all of the overhead cut back. This will never recover.

SPIN

03/27/08 8:51 PM

#10499 RE: upanddown123 #10491

"...you know it isnt too bad."

no, it really is too bad.

you just haven't been paying attention.