Replies to post #14311 on Capstone Green Energy Corp (fka CGRNQ)

[zoneup]

CPST great company, great desired product with a need, worst freaking management in the world. All they do is sell shares to raise capital to sustain their personal lifestyles and pad their own wallets. They continue to sell shares at a record pace, CPST is a printing machine constantly lowering sharehodlers value while they all sit there with their stock going nowhere. Are they EVER gonna stop diluting? Are they ever gonna stop selling shares? Stock cant even move anymore, dead money. Bank account interest rates are better, and we know what those are!

[CaptWhizbang]

Share offers are dilution and not seen as positive, so yes there would probably be more shorters and a weakening pps. But this is only a prospect in fantasy not fact.

But on the positive side, a strong cash balance of $45.2 million at September 30, 2012 was reported with a cash burn of $2.6 million, compared to $7.4 million a year ago.

Even if the cash burn was $5M/qrt., there would be, after this quarter, another 8 quarters with cash or 2years before that cash was depleted.

However, there were also strong collections of $34 million in cash in 2Q, and Revenues in 2012, were up 24% Y/Y. There is also 5 years of consecutive Y/Y quarterly revenue growth.

If breakeven and profitability are truely near in 2013, CPST should, hopefully, be able to stop the share dilution.