contractor10940, Clarification of LNGT
Posted by: Dazzler Date: Wednesday, May 27, 2009 12:10:04 PM
In reply to: superstartup
It is easy to be frustrated with the progress...especially given the financing promises...but I keep returning to the fact that this is a start up company that has protected products (advanced technology, patents,development expertise and a Military contract it the background that is advancing). Just got to be careful not to over invest into a development stage company or I may find myself frustrated from slow progress.
Also this is a high margin product, so say $40M of the $200M proposals become a sale. How much of the $40M will be profits to be used for financing the growth of the company? $10M...$20M... more? Maybe the outside financing (and dilution) will not be needed. Maybe he will be able to talk about debt financing (without dilution). If a sale happens then this stock will immediately be worth more to us and financiers.
Again development stage company and pinksheet, so I need maintain size of my investment appropriately.
Best Regardss,
CS