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GonzoTrader

05/22/13 11:05 AM

#40032 RE: Cerp #40030

What about this statement.

...cash flow breakeven in a few months...we will not need outside financing any longer.

mx10001

05/22/13 11:13 AM

#40040 RE: Cerp #40030

I agree. I do believe that if they are selling, it is likely to fund new production. This is not some company with a two room office in Florida. I originally bought because I strongly support their green product and see the huge wave of demand coming. They have innovated, sold twenty million dollars of their product a couple of years ago. Okay, so they never collected. That's why the stock dropped from $4.00 to 2 cents.

But, here they are on the verge of coming back, so I don't care, within limits, if they sell some in the next few weeks. I do not believe the PPS will fall much further, and certainly not below .02 as some have suggested. At this point I see very little additional downside, with a very high possible upside.