We will require additional capital in order to develop our initial P2O sites and achieve our other business objectives.
We intend to seek additional capital through brokered and non-brokered sales of securities to investors.
Capital raised will be used to facilitate the development of the P2O business generally and more specifically to expedite the construction and operation of P2O processors.
I don't think a lot of that will matter because he borrowed cash form some of the shareholders And @ 6% I might add. Not bad for the shareholders if they get it back.
Did anybody who posts on the board here help with the CASH?
"Non-Recurring and Non-Cash Expenses Many of the Company’s expenses in 2010 were non-cash and/or non-recurring expenses. Such non-recurring expenses have been primarily attributable to the preparation for the commercialization of Plastic2Oil, various legal expenses, the restructuring of Pak-It, and the preparation of the Fuel-Blending Facility"