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Bullboard - Stock Discussion Forum Forterra Environmental Corp FEVCF

GREY:FEVCF - Post Discussion

Forterra Environmental Corp > Time to Raise some Cash
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Post by Kosta300 on Jul 22, 2009 3:19pm

Time to Raise some Cash

As per the most recent SEDAR filings- looks like a Share Offering to raise some much needed cash is their next thing they will need to take care off. Remember ,they have bills to pay and only way any bills will get paid will be from another share offering since the cash coffer is almost dry. If not- there will be no lights to turn off. I know its been said before a few times before on this board that the last dump was the margin call from one of the former company execs - would be interesting to see whose hands these shares flipped to?. Maybe the 3-4 cent range is not bad after all considering whats going on,
Comment by staolin on Jul 22, 2009 4:04pm
Or all the guys not working the floor and drawing salaries from the company can go out and sell their year long stockpile of product door to door? Doesn't seem like people are flocking to the warehouse to pick it up (probably because no one knows about it, unless they happen to visit the FTE website?).
Comment by brooks6622 on Jul 23, 2009 6:37pm
HiAt this time, is it not a better situation for a loan of some kind....new stock at this price or .02 is going to be a big bunch of stock,  to give them breathing room.It would seem to me that they are waiting this or positive sales of some sort.....If a large bunch of stock is issued....someone will want to dump at a higher price .How much money do they need?......does anyone know ?thanks ...more  
Comment by MrStockington on Jul 24, 2009 10:53am
Perhaps a start would be to get the online ordering up and running which has been listed as "coming soon" for months now.  I'm sure they could have got a university/college summer student to get that up and running and that would at least help generate a little revenue while they wait for the orders to come in.I have been with this stock for just over two years now and it has ...more  
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