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International Bio Recovery Corporation V.IBR



TSXV:IBR - Post by User

Post by whiteguyon Nov 14, 2002 7:24pm
144 Views
Post# 5585479

How is dilution going to halt the burn rate?

How is dilution going to halt the burn rate?It won't. They still don't generate enough end product to put the company in the black. After all, how much money can you make processing 10 tons/week? If anybody is crazy enough to buy into their "non-brokered private placement" (which I think would mean Ben gets the commission), how long before they run out of cash again and have to do another "non-brokered" private placement? Did any of you guys have any dealings with a fellow named Rene Branconnier? This sure looks familiar!!!
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