Still a little lost on the 10-Q statement concerni
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(Total Views: 805)
Posted On: 08/28/2017 2:14:04 PM
Still a little lost on the 10-Q statement concerning Almont that said:
"As the Company continues to be desirous of commencing shipments of its CSRV® products to Almont under the sublicense at such time that it is able to start up production operations"
So this (to my understanding is after the $300,000 deposit) is saying that if Coates can make the product, the green light is on?
Seems to me (in my carpenter, working guy mind) that they would then go out and get whatever additional loans are needed, using the deposit and orders, as a "show" of legitimacy, to a money lender? (Maybe a P.O. loan?) Make the product and build from that point.....
So much odd crap comes out of here year after year. Honestly, am just pissed I do not have the knowledge to live off being a public company for a product that "might" work "if" everything works out.....
Still in this only because my investment is spent. Does not change how I live, or how I will retire. I always have said this is a "Vegas Weekend" for me. Have about the same money gone. The upside is that this has gone on for years longer than any bet or roll of the dice . Kind of like a horse race going back and forth across the country !!
Do have good investments that rise every year (luckily) and some mules like this in my mix.
The bad thing is, if this ever does blast off, it will not "make me rich" but might cut a few years off my retirement. Still a good thing to let ride !!!!
Come on dice !!!!
"As the Company continues to be desirous of commencing shipments of its CSRV® products to Almont under the sublicense at such time that it is able to start up production operations"
So this (to my understanding is after the $300,000 deposit) is saying that if Coates can make the product, the green light is on?
Seems to me (in my carpenter, working guy mind) that they would then go out and get whatever additional loans are needed, using the deposit and orders, as a "show" of legitimacy, to a money lender? (Maybe a P.O. loan?) Make the product and build from that point.....
So much odd crap comes out of here year after year. Honestly, am just pissed I do not have the knowledge to live off being a public company for a product that "might" work "if" everything works out.....
Still in this only because my investment is spent. Does not change how I live, or how I will retire. I always have said this is a "Vegas Weekend" for me. Have about the same money gone. The upside is that this has gone on for years longer than any bet or roll of the dice . Kind of like a horse race going back and forth across the country !!
Do have good investments that rise every year (luckily) and some mules like this in my mix.
The bad thing is, if this ever does blast off, it will not "make me rich" but might cut a few years off my retirement. Still a good thing to let ride !!!!
Come on dice !!!!
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