Posted On: 08/13/2014 11:18:33 AM
Post# of 17862
I wanted to run a scenario by the board to get your opinions. What if HIMR made a deal with NorthCal to sell them 10B shares in order to raise operating capital, and in return, NorthCal would pay HIMR for the initial wood order with those shares? This would allow HIMR to reduce the OS and have money to continue to cut down trees and mill them while NorthCal's order was drying for delivery, setting them up for more orders. Plus it would explain the need to keep share price down in the mean time by not releasing any official news. 10B shares x .0001 = $1M, and NorthCal's order is for $1M. And NorthCal most likely would have paid less than $1M for the shares.
Plausible? Crazy? Not technically possible? Since there is nothing else going on today, what are your thoughts?
Plausible? Crazy? Not technically possible? Since there is nothing else going on today, what are your thoughts?
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