Replies to post #20265 on General European Strategic Invt's Inc (GESI)

[integral]

I concur with your approach Penny.

he amount of the funding is not the question at hand. Facilities are more expensive than most can perceive. I know several individuals that have received funding for business operations in the 50 Mill+ range. What we are all waiting on is the documentation of proof.

I've heard for a long time that these plants are modular and can be put together for roughly $15 million so Gordon can build possibly multiple facilities, and not just the one at hand. If he can get the first $15 million, build the first facility and show everyone proof of concept, the rest of the money will flow. But for right now, he has a press release and a filing that contradict each other. To heck with $50 million, get the first plant built Gordon.

As for debt,

GESI is a public company of course, but drive a five mile radius in any metropolitan city and you will find plenty of privately held companies with facilities holding a 50 mill+ loan.

...

so many shareholders think this $50 million is non dilutive. We have seen this go from 9 million as SATM to 280 million today. We have not even seen the $50 million yet. Debt, equity, public, private, Capital Markets are for just that, free enterprise. I get your point, how he gets it, just get it. Ive heard from shareholders that they think GAAP and FASB rules provide for $50 million to magically show up on the balance sheet with no offset. Ill never claim to be a chemist, but chemist need not claim to to have GAAP and FASB rules in mind either.

$50,000,000 - $50,000,000 = $0.00......unless you win the megapowerball lotto.