Hey Mark,
About this T&A thing, "whatever you say is fine with me. Personally, I look at this stock as something that has had increasing fundamentals, despite the tight cash flow. The tax credits, the Aardmore deal worth at least $1 million, the RecOil deal which will be worth $4.5 million a year for 3 years, and this is still the beginning.
This company was basically defunct for the past two years, kept together solely by Bill Carraway's vision and personal investments and loans. He has not accepted a salary in the past two years and, in fact, even paid a fair price for the stock options that he did pay himself. Bill has a lot invested in this company, and the fact that he chose to invest more, rather than call its quits tells me that
"HE BELIEVES" they can do this process. Enough to have caused him to loan the company over $300,000 over the past 6 months. That takes a lot of guts and committment.
I once read somewhere, (or did I make it up??), that "reality is nothing more than a dream that has come to pass". There is something about Bill's personality that provides me a strong measure of security in my investment. I figure that if this process only runs "half as fast" as claimed, it is still a strongly profitable venture.
To me the recent news signifies that GRNO should be trading higher based on its fundamentals alone. However, we may have to hang on for the next 14 or so days and then will all know.
ISN'T THIS EXCITING???.... :0)
Regards,
Ron |
