GREY:EORBF - Post by User
Comment by
peterstockhouseon Nov 05, 2014 3:22pm
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Post# 23098720
RE:RE:in the bank: $11,596,598 (check financial report)
RE:RE:in the bank: $11,596,598 (check financial report)Actually, you are right! I apologize. The intent was not to mislead. Just that I finally had some time to listen to the podcast and, yes, it is true that by mid-Feb., as GK admitted, they will need some cash, but, as the poscast stated (which I am surprised YOU did not talk about) is that they will have 8 million in tax credit available and avenues to use the collateral of the 100 miilion that they sank in the plant to get more financing. I believe GK is the real deal and Orbite is too. GK repeated and indicated that finances would not be an issue as would the working of the plant. I think GK is more experienced than RB in making sure that all ayes are dotted and all tees are crossed.