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David: First, no the plant is not up, we're talking the Texas facility, which has not produced one dram of fiber yet. Second, instead of listening to the hype, I read the financial statements of the company which are prepared for the SEC -- you'll find the amount really invested ($13M) there. Third, no I don't expect ALL the lines to be built at once, but then why raise all that money ($75M a year before you need it) and then turn around and invest 85% in the stock market. If the stock is valude properly, ZOLT could have raised the same amount of money this year, while only issuing 1/3 the amount of shares. |
