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

To: jef saunders who wrote (13217)	12/17/2003 11:49:25 AM
From: SofaSpud	Read Replies (3) \| Respond to of 14101

Jef, The question is, how do they fund operations until that magic point when Pennsaid can carry them? How do they pay the bills for the manufacturing, marketing, etc.? No bank is going to give them that kind of credit. Even if it were only a year until breakeven, how do they pay the bills for a year? As things stand, there is effectively little equity in the company, probably not even the $50 mil implied by the market cap. If DMX is going to be around long enough to properly exploit the market for Pennsaid, they must arrange financing. How you arrange financing with discredited management and a penny stock is a good question. Jim is right -- REK must go. Even then, the chances of us getting out of this with our capital, let alone a profit, are poor. Well, maybe not for the folks who were clever enough to trade this dog. But for guys like me who never sold into strength ....