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Fasctrack

08/23/11 11:53 AM

#33776 RE: Waitedg #33775

Agreed, although right now FASC is running on a skeleton crew, Brian cannot continue to fund cash flows forever. Furthermore, if they want to hire a CFO and otherwise grow/expand the company, start their own pellot producing plant, etc. no doubt that they will need to increase revenue. I know TR is in a much better position to define the multiple. I thought TR indicated 5 machines or some combination of 5 machines plus royalties to break even.