RE: RE: RE: RE: More dilution "the company had planned for revenue to be coming in from CN long before now. It should have been generating profits a year ago. Instead every month you have extra unanticipated costs there. At some point that begins to eat into any contingency funds you have."
Currais Novos was so so close to full production and profitability when the drought hit the north-east of Brazil. Had this not happened Currais Novos may well have made it unncessary to do small financings for general expenses.
Management needs to use some of that 7 million and get Currais Novos up and running at full production and profitable as soon as possible. Currais Novos can still play a stabalizing role.