RE:Reply from CEO I will be trying to double my position by oversubscribing. I'm very upset with all the delays we've had to endure but still expect the company to be successful. The RO is priced as low hanging fruit to investors who can participate. The RO would value the company above $0.03, or closer to $0.05 sometime after the reverse split, although there's usually a bit of delay as the penny pinchers buy sell in between that. This is assuming there's no speculation or positive news that pushes things back to pre-RO prices of $0.08-$0.10 or above, however lack of shareholder trust will work against that. It'll need to be a case where larger players see the value and move in.
I have no reason to believe the speculation by the previous poster that the process won't run continuously. And even if there's more hiccups there's no reason it would halt the whole operation. Occams razor would say they have everything working but have reached the end of their capital reserves and can't pay upfront for material to run, a capital injection should alllow them to start running full scale and then it's just a waitiing game until reveneues start to come in and offset expenditures.
Also hopefully more favorable loan agreements can be arranged after a short period of operation demonstrating the company can generate profit.