GREY:EORBF - Post by User
Post by
Antoninasson Jun 24, 2016 1:21pm
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Post# 24996299
Good News for Blubbermouth19
Good News for Blubbermouth19Huge placements will be heading this way with warrants and everything else. Get your cash ready. While blubbermouth19 will fiddle with his placement returns, retail shareholders will burn.
ORBITE NEEDS LOTS OF BURN MONEY
(1) FOR THE MANY MONTHS OF OPERATION UNTIL THEY SIGN A CUSTOMER WHO HAS TO TEST SAMPLES FROM THE NEWLY WORKING CALCINATOR.
(2) TO COMPLETE THE FRONT END NEEDING A MINIMUM 15 MILLION DOLLARS. THAT IS THEIR INITIAL ESTIMATE. IMHO BASED ON PAST FIRST ESTIMATES COUNT ON $50- $100 MILLION.
(3) IF THE COMMISSIONING NEEDS TWEEKING AND THERE ARE FURTHER DELAYS, MILLIONS MORE NEEDED.
IMHO DILUTION HERE WE COME. STAY TUNED. ANY TIME NOW. JUST WHEN YOU ARE NOT EXPECTING. LIKE WHEN ORBITE DID IT AFTER SP WENT OVER 50 CENTS AND WE WERE IN IMMENENT START MODE.
AFTER THE NEXT 2 PLACEMENTS HOW MANY MORE SHARES WILL BE ADDED?
100 million
75 million
200 million
other
Guess our future share count. lol