RE:RE:RE:RE:stock options Maybe. The one good thing about previous managements spending habits is that there is a warehouse full of blades, and trenchers still wrapped up.
Also, cash flow regarding capital spending is taken into account in the payment schedule of present contracts. Word has it that if things go according to plan (so far so good), they are good for capital spending until at least September, by which time they should be EBITDA positive.
They have just under 3 million in cash and about 2 million in LOC, at amazingly low rates. And considering that setup costs are paid for, and payment schedule is such that they aren't financing the client (unlike the 6-8 week schedule commutes by Gigaclear), there's good odds that they can go a long ways without a financing.
Not to mention there is a sh$t ton of in the money options out there, and 7 million warrants.