lakers17; Tom G. said that back in April long before they were delisted to the pinks, he said that in response to the question about what they needed all the financing for. I questioned the need for a $10 Mil dollar SEDA when the company has $15 Mil in assets and has had the pleasure of having 28 years of profit, he said mainly for raw materials for their manufacturing, he said sometimes they get swamped with orders and don't have the capital to purchase enough raw materials to keep up and end up having to turn down some business. Thats sad when a company like this has to turn down it's main source of revenue, Also I'll bet with many plastic products being Petroleum based, with Oil prices skyrocketing, I'll bet their raw materials cost has been going up as well. This stock is going to roar when they get financed and pay off Cornell. What I don't understand is why they are having so much trouble getting financed when Major lending Corporations are lending cash out to Companies hand over fist right now with Interest rates as low as they are.
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