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Gold/Mining/Energy : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?


To: silverghost who wrote (4621)8/16/2006 12:47:21 AM
From: dan-o39  Read Replies (1) | Respond to of 4686
 
I am so surprised that the 10Q did not have any new information in it!

Once again, I am concerned about the cash levels.

As of June 30, there was $1.2m in the bank. This will be gone in a year's time and I don't see, how this company is going to have any revenue by then.

The company is going to need more cash and that means either putting additional cash into this thing or getting diluted even more.

High oil prices does not even help this company.

Good luck to all.