GREY:BIXZF - Post by User
Post by
smlmedlgeon May 16, 2012 3:12pm
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Post# 19917217
No dilution---THANKS
No dilution---THANKS I was impressed by the Board and management deciding not to dilute the shares in order to raise capital IF necessary....THANKS
650K burn rate ---3M in bank...plus 400K earnigs per month(perhaps) and the capacity to BORROW ....easily gets us into and perhaps through 3rd Qtr when deals...as he said --one or PERHAPS more JV's will be announced. That is if you believe him.
As many buyers as sellers.....I'm buying.
If the JV's go through in a year or two it will not have mattered what price you paid for the stock.....in my LONG's opinion.
I didn't hear any panic/serious doubts in the voices of the questioners? And they have big bucks on the line......
best of luck all,
smlmedlge