Post by
Therancher on Jul 28, 2022 9:06am
Things keep coming to mind…………….
It was an hour and half grilling so things keep coming to mind.... what's left of it!
: the 1st mod will make MWX cash flow positive
: the 4 mods planned for Tennessee are capable of.........YES the first number that was spoke of 2 and a half years ago....$200,000,000
: there is another major recycler waiting in the wings to handle the west coast. Think Las Vegas and you will know the "state". ;);)
: some people were questioning why management was increasing their income. I ask the question. The dollar amounts you see in the financials are not dollars changing hands today or money out of cash flow.
: there was a $2,000,000 loan showing on the books that people were questioning. This loan was an " in and out" transaction to gain 2% interest on our money on hand.
: carbon credits......are as advertised.......once the plant starts running the math can be done and Carbon Credits "will " be a sizeable revenue stream!!!!
GLTYOU
RR
Comment by
BrandNewGuy on Jul 28, 2022 10:34am
Regarding the loan. If I am not mistaken the in came from the last rights offering, the out was a loan to who knows who. The out was $2m out and for what a 2% interest spread, or $40k/year. No matter how you slice it this was stupid.