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microcaps1

03/14/12 7:26 PM

#67079 RE: joev2 #67076

yes as I said cpa/cfo's and other intelligent people advanced millions towards the millions in equipment-much of the non cash contributions were paid off from the 1st ship as per a PR last spring-so PR clearly mentions such investors.

They are probably completely paid off now w the ca 4.2 million profit from the 60 k tons of order #3 and order #4 sold and paid for in Dec.

As I've noted several times the last filing shows Bob having advanced 1.6 million-he was probably in debt up to his eyeballs before getting a small part of his investment back from 1st ship-which usual crowd complained vociferously about.
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Sunnybank

03/14/12 11:53 PM

#67101 RE: joev2 #67076

I'm not - two individuals, ~$8M bucks, and they hold 70M shares between them.