InvestorsHub Logo
icon url

justanotherfool

05/18/04 9:42 PM

#7753 RE: ByloCellhi #7751

Thanks for the analysis.

Yes, I agree fully that up until now they are "surviving" with the equity line. I have no doubts about that. I have read every report for many years.

I was estimating the future, and assuming (hoping) that they will make the (900K per quater?) break even point.

I am estimating also that even with Break Even revenue, they may want to sell more stock, to start working down that debt.

So, I am estimating that they will still use the line for a year or 2 after break even (unless massive orders come).

I also agree that Dutchess will float more back in, over time.

I take it from your post that you see difficulty in reaching the $4 price, based on current information, without a reverse, or strong increase in orders?

If that is your opinion, then I agree entirely.

I am of course (as an investor) betting on at least a reasonable increase in orders, instead of a split, and (as a long term) sticking my neck out that this is a viable company.

Even if it gets to $2, then reverses to be above $4, then we all do well for our 40 cents.

Later




icon url

weo1998

05/19/04 8:24 AM

#7758 RE: ByloCellhi #7751

Hey Bylo,

You're another who NEVER has a positive thing to say. You always show up to point out the negative and make ridiculous statements.

I find it curious that you are quick to point out the weakness in the 10Q but you never said a word about the latest sale released on the same day. Why is that?

I think you are still bitter that VTSI didn't merge with your company, what was the company again, ETPI? Anyway most here already know your spin IMO.

Have a GREAT day,

weo