Re: Equity Line of Credit Article
in response to
by
posted on
Apr 07, 2011 09:53AM
(Edit this Message from the "Fast Facts" Section)
As per the 10K they only had about $61,000 in cash. The share price is down significantly to .125 per share so they won't get as much cash for their shares now. They don't have that many options for big financing unless they want to dilute a lot more. The Centurion financing is the only reasonable choice.