Look the reason they need funding is to expand production. They can print paper but they can't print cash (or at least I hope not!).
You see pictures of buffings going out the door so revenue is offsetting debt servicing question is by how much. Do you over extend your budget with new employees and new shifts if they are not yet necessary and you have other equipment obligations to contend with? These are managerial decisions we cannot hope to be fully educated on. Boux and Maria Larose know the industry like the back of there hand Frank. I know it sounds trite but we will have to trust there judgement until CC & JG decide to fill us in.
As to the SRI JV yes I agree sounds pretty shakey alright. So far all we are seeing so is one of the Sekhar brothers getting annointed to the BOD. I believe this is why our consultant fees must be so extraordinarily high but that is strictly my interpretation.
Perhaps buffings production requirements are being met.
I mean call me naive if you wish but I have no indications to suggest otherwise. Nugget production appears to be crucial right now in my view.
That is where they get the ultra fine crumb rubber from to supplement new compound production. As stated previously by the company these new compounds are where the revenue is. Not saying your wrong here but you do sound a little to chafed to be thinking clearly. Sure those yak chaps are not to tight? :-)
As I recall the new compounds have everything to do with Sekhar and Boux has implied they are under negotiations for funding and new contracts. Like putting lipstick on a pig right now I know but CC & JG can only seem to dilute right now. For what reasoning well if I knew that perhaps I wouldn't feel the need to ring there necks...your not alone old buddy I'm frustrated also.
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