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heliarcn

07/15/12 11:53 PM

#137359 RE: Tenured #137357

I just remembered more dilution (market capitalization) took place in Q2. I've got to look into how that will affect the pps.

The end of Q1 they reported right at 1.5 billion OS. I believe Weber said in the radio interview that they are now at 2.3 billion OS and the market capitalization is complete as they believe the company will fund itself going forward.

Weber also mentioned a $4 million line of credit in the radio interview, so there may very well be some debt now. I would assume they are cranking out as much product as they can to supply the Walmart deal.