GREY:SLKEF - Post by User
Comment by
drillbit2008on Dec 06, 2009 12:39am
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Post# 16558146
RE: RE: RE: Market cap - LBE and ISM
RE: RE: RE: Market cap - LBE and ISMBeer, Good note on thne true state of LBE finances.
Does that 350M share potential dilution include the debt and the most recent line of credit, I believe was $4,500,000. And does it include the $800,000+ accrued interest that was just added last quarter. I believe that its all compounding at 8 or 10pct. I wonder if there will be any ore left when all these obligations are dealt with. If ever."
Ya I think LBE is screwed.