RE:RE:RE:RE:Davis Recycling Atechnician, last time I checked, this company was burning through about $2M per quarter. How much do they plan to raise during the rights offering? I agree that the money is probably already gone. I do not even understand how they are making payroll right now. They have to be on the edge of bankruptcy right now.
I really do not understand why the company needed such a large staff for a process that does not even work. What are all these people actually doing? On top of that they have a staff in Canada and in Tennessee. They have been spending money like crazy over the last year, but they have not produced any results. The gravy train is about to derail.