Posted On: 07/16/2014 5:28:34 PM
Post# of 17862
Jb, I gotta give it to you, you are the most optimistic on the board. I wished you would be correct.
But I think what has happened is that there is not enough money to get started. I think the few days of high volume over the last 3 weeks is the company selling more shares to try to fund beginning operations. I think the delay from the last permit has them on the ropes, hence the no bid price.
I think the are trying to figure out how to get the first tree harvested to show A, operations have begun, and b, to get some cash. If they can manage to get this done, it will be good.
I am not convinced they will be able to pull this off. but I hope so.
tex
But I think what has happened is that there is not enough money to get started. I think the few days of high volume over the last 3 weeks is the company selling more shares to try to fund beginning operations. I think the delay from the last permit has them on the ropes, hence the no bid price.
I think the are trying to figure out how to get the first tree harvested to show A, operations have begun, and b, to get some cash. If they can manage to get this done, it will be good.
I am not convinced they will be able to pull this off. but I hope so.
tex
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