Thanks for your reply. You make good points, howe

Thanks for your reply. You make good points, however, a project is in place. The DGU with NG should be considered a project. The goal is eventually for Cirque to monetize the DGU's.

I just find it interesting (and a bit disconcerting) that they find a private investor that is willing to pay off Asher in November, and one month later they have to go back to Asher for more money.

In the 11/25 PR Joe says "Asher Enterprises is no longer a creditor of the company". He PR'ed the transaction because it's a big deal. We both know Asher is the last resort for money, and their terms can be detrimental to equity. Having to go back to them (or firms like them), implies that they could not get the money from any other sources. Why? Why didn't their connections and partners see their future as positive as we do, and take a chance and lend them money?

I realize the forest/trees idiom may apply here, and this one event may be meaningless by fall. Time will tell. I like the resumes of 'Team Cirque', so I'm willing to take a chance with them.