RE: RE: RE: RE: RE: Read the news again... Before I get jumped on anymore I completely understand that the LOC is not dilutive. I was never referring that part of the news release. I am also not a nervous nelly as I take responsibility for my choices. To me this news is disappointing on the surface. Below the surface there better be some added value from the new lenders because the old LOC (which they had in place) did not demand a 500K share bonus at a reduced share price. AKA, standard banking LOC.
The previous LOC was based on receivables and the new one was based on some form of collateral.
Any speculation on what they need $850K for right now? IMO, if its for general operating purposes it is another disappointment because they are supposed to be realizing some major solar revenues in the past quarter.