Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: David Graham who wrote (6536)	1/21/2001 8:02:31 PM
From: Montana Wildhack	Respond to of 14101

David, Thanks for those thoughts. It's packed with important points: Acqua would have required an acheivable plan A plan that warrants the possibility that Dimethaid goes for the whole bundle right now. A plan that gives this large company enough comfort to buy $50 million dollars worth of DMX (7.7 million shares max) and then be stuck with it or try to sell them right now . An excellent point David. Acqua is a U.S. based venture capital firm It is definitely one cog in the wheel to Rebecca's stated objective of going on NASDAQ and I agree Acqua is thinking US buyers. it is in their interest to hand over DMX shares only after they have gone up And by extension it is only in their interest to do a deal like this if the information she gave them (a confidentiality agreement no doubt) makes them think that the shareprice will. this is one of the biggest VC financings ever in Canada I didn't know that. There has been discussions this weekend about how much she needs for operations. I would think $5 million for cash flow, and $5 million to start up Canada. That plus revenue and up front should see her through. I don't see other initiatives like fungal taking up that much cash right now. 13 months from now I'm pretty comfortable we'll be in a decently positive cash flow situation. Something new is coming. US is a net positive cash experience for Dimethaid not negative so it isn't that. Let's see what Bay street does tomorrow. This is so not boring. Wolf EDIT - one thing has changed for sure. Rebecca has power.