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razorpockets

07/23/08 7:37 AM

#46413 RE: adkmoves #46412

Most of EESO's 2008 sales are yet to be recorded. Will happen in the 2nd half of the year. The Balance Sheet might be okay in the 2Q financials but the P&L won't be great is what it sounds like. They diluted to fund the GC2000 project because the cash was needed before most of their sales were going to hit this year. A timing problem on the cash flows. IMHO.
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drifterfcrc

07/23/08 10:30 AM

#46440 RE: adkmoves #46412

Some here were told that the second Quarter numbers will not be that good. Jared said that 3rd Q numbers will be better...eom