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adkmoves

07/23/08 7:49 AM

#46416 RE: razorpockets #46413

Good to know all this dilution is for a prototype and not a proven money maker. Awesome. I understand that most revenue would be from the second half of the year, but don't tell me they went public just to support EESO for 6-8 months. They went public to transfer all the risk of the GC2000 to the retail investors. It's simply not an issue of cash flow. Probably no private investor saw the potential for the GC2000. Money doesn't lie, and either they aren't doing a good job of seeking out private funding or there is no potential. They just need to take a trip up A1A from Miami to West Palm Beach kinda like girl scouts selling girl scout cookies, but only they'd be selling an opportunity to make millions for a relatively tiny upfront investment. Not sure how much private financing opportunities are available in Fort Wayne, that could be part of the problem as well.
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adkmoves

07/23/08 7:51 AM

#46417 RE: razorpockets #46413

The balance sheet better look pretty damn good, they've diluted us into the ground. They don't deserve a cookie if the balance sheet is good, the balance sheet at this stage is meaningless.