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Electro Energy Inc. Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Jul 17, 2008 1:41 AM Flag

    Insiders

    Indeed the risks are great. Also in http://sec.gov/Archives/edgar/data/1175636/000102660808000150/eei_s3a2071008.htm of July 10 is, "In addition, the Company needs an immediate infusion of operating capital in order to maintain operations. Therefore, the Company’s ability to continue operating in the near term as well as its ability to develop high volume manufacturing and execute its product sales and marketing plans will be dependent on the Company’s ability to raise cash through future equity and debt financings. The Company currently does not have any commitment for such financing."

    Everyone understand that?
    ** needs IMMEDIATE infusion of operating capital
    BUT
    ** does not have any commitment for such financing