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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Pronichev who wrote (6748)1/5/1999 10:45:00 AM
From: Larry Brubaker  Read Replies (1) of 27311
 
Michael, thank you, a reasonable post. Common sense would argue you are correct, if Berg thinks they are close.

Which makes me wonder why he did not remove the "milestones" requirement when the financing terms were changed.

If VLNC announces they've now got Berg's additional $7.5 million, it will be a positive indicator.
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