TEE received $1,175,000 on or around 31/10/07 for normal business expenses.
They now have asked for another $750,000, of which $300k has already been drawn down and the other $450k comes in April.
Looks like to me that they are using a fair wack of cash just to keep afloat.
Do you think if they had had a bumper 1/4 as 1/2 of you are suggesting, they would have required a further $750k?
Just being honest, nothing would make me happier to see TEE come back on today at over 2c, but it just aint going to happen. I have also written my investment off, if I end up with any $$ out of TEE I'll spend it on a nice bottle or 2..
Cheers, TCG
not now please, page-15
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