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Forterra Environmental Corp FEVCF



GREY:FEVCF - Post by User

Comment by wurmsruson Sep 01, 2009 12:01pm
308 Views
Post# 16267584

RE: RE: RE: RE:After the Bell Results are in....

RE: RE: RE: RE:After the Bell Results are in....Mr. Stock - did you even read the news release. You state that the company has a complete lack of confidence in securing the needed financing yet in the company's news release they state:

...
As at the end of August 2009, the company believes that it will be able to secure sufficient working capital to fund its operations through 2009 and into 2010. It has received favorable indication from certain institutional investors that they are prepared to participate in an equity-based financing to be completed in September 2009. As well, several of the company's directors have stated their willingness to participate in a bridge financing of up to $160,000, if required.
...

Like I said, if you don't like the news release then you probably should have sold long ago as their financial situation wasn't being hidden from us and should have been expected.
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