Tomatoes , re cant comprehend machine already built and proven , i think the answer is with CRH and Pulte no show . The actions out of CR. Even where I worked , contractors were vetted for viability before entering a deal. CRH and Pulte would check out the FBR business viability.This would include their cash flows , sustainability etc.re Risk v reward If CRH put up money for hadrian manufacture , where would the money go?The joint venture profit on revenue would go to paying loan off ,not much if any to FBR HQ.Remember the CR for 3 hadrians 110 the money does not go into a special A/C. eg lot more secure for CRH to put deposit with Liebherr than FBR.. WaaS was always intended to be FBR IP and others put up capital and build walls.Trouble was Mike could not get that investment ,so had to kick things off building machines and walls with own money.Maybe with a commercial ready machine he can get back to originally WaaS concept. IMO the restructure works on many levels gives me a glimmer of hope .
FBR Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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