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Technology Stocks : VRDM - Veridium Corporation
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To: Crabbe who wrote (123)5/30/2006 4:48:19 AM
From: Crabbe  Read Replies (1) of 133
 
When I say shaky condition of Greenshift's subsidiaries I am not concerned about their debt structure nearly so much as their need for capital to finance the rapid expansion.

For example Veridium needs to finance 24 Corn oil extraction systems and two so far at least air floatation sludge reduction systems, Inseq needs to manufacture these systems, someone has to finance them. Inseq further has to finance building the biodiesel plants for NextGen.

I hope KK is a circus performer extraordinaire. And can juggle cannon balls, big cannon balls.

r
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