Orbite Technologies Inc EORBF

ORT: Getting Very Close To Put up or Shut Down Time

[Soulinvestor]

When Crede bailed out Orbite, (albeit with a stiff and dilutive price tag) they gave conditions to further allocations of money. Glen Kelly had to demonstrate performance with little room for further errors. The latest setback which nullifies Orbite's time line,  that Glen Kelly all along was insisting would be met, could affect whether or not Crede  will even continue with the next installment of cash. I would be relieved if Crede confirmed to us that despite the continued difficulties Orbite has in successfully completing the commissioning they are still commited to going ahead with the financing according to their timeline. Glenn Kelly should also be more transparant and tell us how much the current problem will cost the company instead of using fancy terminology to make it appear that a few months delay has no negative financial effect on the company. I am expecting Glenn Kelly, this week,  to somehow turn around the very negative atmosphere which continues to build up and puts tremendous pressure on our SP. I am very tired these past couple of years of listening to fine yet beleagered diehard investors spinning their positive senerios defending the company. IT IS TIME THAT YOU, MR GLENN KELLY, STEP UP TO THE PLATE AND GIVE US AN UPDATE THAT WE CAN UNDERSTAND, ONE THAT, FOR A CHANGE GIVES US HOPE AND ENCOURAGEMENT. 

until now