A question for any LP...
As we all know, without a sale GRNO has financial problems. For example, salaries (I believe Bill has hired some key players within last year), legal fees (lawyers handling the SEC thing, lawyers working the patent end, lawyers working with the World Bank, and lawyers handling everyday things), improvements/upgrades to the LP machine, and various leases, rents, etc., etc. have been incurred. Where are the funds coming from to pay all these and other expenses? The Green Machine is supposedly operational and pumping diesel at a rate around 275 gph. The money from the sale of the diesel, does it all get distributed to the LPs or just a portion or is it being used to pay some of the expenses? My concern is financing, where are the funds to keep operational until a sale coming from, can Bill use money from the diesel sales, and how much longer can GRNO continue with a cash flow problem? If any LP or anybody else has the answer please post or email me. If no one has an answer I will call the co. and ask.
Thanks
John
PS Where is Norm? |
