Can anyone explain where Charles is gonig to get $800,000 from to buy out the water system.
My guess is he has already lined up investors because if he hasn't then this OPM is broke! Take a look at the cash flow statement from last night and see what happens if you remove $800,000 from the September cash flows.
OPM's solvency has got to be in question.
Capital rasing coming up...no doubt Findlay's are wringing their hands in anticipation of another nice fee. Although it's gonig to be hard to get the same investors who chipped in at $0.005 to stump up more when they hvae already lost 50% of their loot.
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