FinancialsWith the raising of money by exercising the warrants at end of summer
subtract the loan to aaa heidelberg ($160,000)
subtract the down payment for washington building (unknown how much) - which is fully refundable
Subtract operating costs
i would assume they need money and can't figure out why they cancelled the placement in October at much higher levels. Now with these levels I assume we are going to have to significantly dilute.
Looking at bid support I scratch my head how low this can go.
We we are waiting info on the following:
aaa heidelberg building completion
aaa heidelberg 100% ownership
babcock farms
washington state building purchase
washington state leasee to use the building
all are long overdue. An update to shareholders would be nice.