That too makes sense. I do see the increase in A/S, but the O/S needs to be watched and we'll have a true answer. I do know its to raise short term funds to get over the hump and 1Q rev's of 2010 will show it. Probably wont be until March of 2010 that we'll see it. But I do agree, the company needs a PR to reveal an explanation.
Don't they still have the "perma gagged" TA (the ever convenient excuse for shady companies to hide their share structure from the world) If they increased the A/S it is almost 100% they will increase the outstanding.
You know I was asking this same question a year ago or so and again a few months back when announced but it needs it again....
So with this super duper 180million dollar contract with the ever magical LOC backed by the Bank of China(or whatever) why can they not just get debt financing? The BDC in Canada is there just for this reason and surely with this backing someone would give them money?????????
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