bRiAn,
I've been relatively quiet recently due to the fact that there just isn't anything really worth talking about or responding to (yet<g>). We are not going anywhere until we get financing...period! Whether it be the PP we originally considered, or, institutional involvement (" a rose by any other name..."), cash is king for various reasons. Some of the previous acquisition's terms require periodic cash payments which, at this point in time, chokes growth capital in order for INFE to grow. They need to grow much larger in order for self-funding to accommodate both growth and daily operations. Anybody catch that I've just described 99% of all start-ups goals?? :)
I have heard "through the grapevine" that Tom has been very "productive" in his quest for financing and for taking INFE to the next step. I do not know any of this for fact nor any of the details involved. I, myself, have not talked to Tom for several weeks- (been VERY busy at work- no free-time). I have, however, had MANY conversations with him in the past, and have found him to be as up front as possible without crossing the "insider" line. His time-frames have, at times, been off, (way off sometimes), but, events have always seemed to come to pass in some form or fashion. Therefore, I have no reason to doubt him or the "grapevine", I have full faith in his ability to pull this thing off, and, more importantly, I'm going to continue to sit back for awhile and let him work at it without me bugging him every week. Rob does a fine job of checking in and keeping me, as well as the rest of us, informed. I've spoke to Rob several times via phone, (we only live about 30 miles apart) and I have complete trust in Rob's DD and assessments of this situation. We both got involved early and know where this started, where it has come, and the potential to how far it can go, but, more precisely, we (and now several others) know how quick it can happen. Look where it went before and it wasn't even listed then! The float is to our advantage.
Unfortuneatly, a stagnant situation such as this prompts statements and posts from people that are reactionary in nature because they arise from frustration. I've been party to it myself, therefore, until news of financing and what-not arrives, I don't feel that anything I say will be of any relevance or significance and will not post unless it is to pass on DD.
FWIW, I still own every share I've ever bought and have watched a quarter million $$ slip by. Ignorance on my part? Perhaps, but, I'm still convinced that not only will I recoup the initial loss, but will surpass it as well.
Your post sums up the potential of this situation very nicely!
"its coming...i think alot of people are sitting waiting...and when it hits , i don't think people are going to be quick enough to catch it before it runs....but hey what do i know."
Theo;-) |
