GREY:EORBF - Post by User
Post by
Antoninasson Apr 15, 2016 12:44am
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Post# 24769593
My My My What has Happened Since......
My My My What has Happened Since......Orbite's VP Yves Noel proudly proclaimed a few short months ago on A SMALL CAP POWER video interview, "W'ERE GOING COMMERCIAL NOW!!"? 1. Major delay because engineering surprisingly bungled the fitting for piping in the plant. 2. CEO Glenn Kelly blindsided by a 10 million dollar over run in non authorized expenses. 3. With bated breath we have to wait as Kelly drums up millions of dollars of emergency funds in order to complete the plant. Will are shares face further major dilution? 4. How much will the delay itself cost? Will Orbite have to raise further monies to cover? How Much? 5. Was the money that was raised at the end of 2015 for the front end spent? If yes, Will Orbite have to raise more???? 6. Why is it that every time we reach the end of a timeline we end up having to worry about so much more? 7. Why, Mr. Kelly, do you call this just an inconvenience? Lots of shareholders lost good and hard earned cash because they invested after Mr. Noel's announcement, "W'ere Going Commercial Now". Shouldn't he have waited with this announcement until the plant was at least finished? You at least are receiving your monthly paycheck of at least $120,000.00 dollars. Not such an inconvenience for you I would suggest.