VLNC has a virtual floorless line of credit, today it just drew down another $5 MM which added about 10 MM shares, that process will continue until the $30 MM "equity line of credit" is exhausted, or VLNC turns positive cash flow, I have no visibility what soever of VLNC turning positive cash flow in the next 18 months, that should use up more than the $20 MM or so left in that line, and then what? First a reverse split, and if they are lucky, further dilution. Berg will end up owning most of the company and the current shareholders will be left with very little.
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