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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.
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To: Goldberry who wrote (925)8/11/1999 8:44:00 PM
From: Goldberry  Read Replies (1) of 1247
 
Further to my previous msg I point out the following statement.

Paul Hyde, president and CEO of Kasten Chase said, ``These technologies represent an enormous long-term opportunity over the coming years and will require additional investment to fully capitalize on the current success. Launching Springboard as an independent, self-funding entity allows us to maximize the value of the international interest and reputation that these high-profile projects have afforded us. In addition, it provides the structure to include strong financial and industry partners in the funding of Springboard's future growth.'

Anybody else get the feeling we are going to get shafted. I can see it now the company needs money to proceed so they go to friendly parties and share the profits.

I cannot see why if this is so good that they cannot do an equity deal by KCA such as convertible debentures or pref shares
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