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Tvision,Do you remember when the Receivers and Managers went to...

  1. 6,316 Posts.
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    Tvision,

    Do you remember when the Receivers and Managers went to ESI in 2004?

    I got out of them only a few months before hand.

    Before then they had a great story very similar to what we are witnessing now.

    Remember the Slurry Sludge Deal?

    Maybe i bought them ahead of my time as i could see they were ahead of the field. Boy, have times changed.

    Keep in mind they have a $15mln "Line of Credit" over the next 3 years.

    Most businesses call that similar to a Creditcard and you only use it if needed because of the cost against the business.

    I wouldn't touch ESI with a 10' pole even though i like the story.

    Prefer cold hard facts.

    Is the risk/reward ratio worth putting your hard earned into it?

    T/vision there are two sides to the coin.

    But maybe you don't want me to tell it how it is.

    Oh yeah!!!

    I have SXP because i like the story.
    However, that doesn't make them an instant winner.

    Cheers markco2



 
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