VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: KZAP who wrote (8103)	7/19/1998 2:22:00 PM
From: Kurt N	Read Replies (2) of 11708

I suspect the truth lies somewhere in between $$$ CSMA has and oil rig availability. How much does it cost on average to get/borrow an oil rig for however long it is needed by Enviro-Tec AND to do the work correctly?? (ie. a screwup would be very bad). How much money does CSMA have available and is it above, below, or on par with the average amount of money needed. If the answer is below, the contracter may still be willing to do the work for (slightly less profit) but will put it on the bottom of his todo list. Translation contracter might get around to it several months later. Still am confused why CSMA couldn't go to a bank for the loan and pledge the EnviroTec well as an asset for collateral. Combine that with a solid business plan document (ie. $10/bbl. Capacity xxx bbl/day, approvals..., xxx/yyy/zzz remaining cost of $aaa, etc.) and I see no reason why it should be denied. Of course lenders have certain criteria/conditions that must be met, but there are some extremely liberal lenders out there. Kurt

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