What a bunch of cry babies!! - Don't you people see the potential this company has!! - Their profit sucked, their sales were fantastic. They won't have trouble getting financing with all the opportunities they have waiting for them. Everyone who is long on ZBB knew this company was speculative with great potential. They have done very well considering the market conditions they have been subjected to. Patience, patience people. We will all be rewarded soon.
Nice quarter except for the obvious need for more money. I believe they will get more funding which will take bk off the table which will counter the forthcoming issue of more shares so I think effect on pps would be a wash. My hope is that the money and dilution comes from a partner not from a financing shark which will increase the pps even with the dilution. My ideal pick would be Cummings. I think it would be a brilliant more on Cummings part as they would get access to an entirely new market and with the hybrid piece they would be innovators on an old tech. Just my two cents worth and if those pennies are pre-1982 that would be a nickles worth:)
Like 20 million and we will be OK? I noticed they have the ability to sell some preferred if my read of the balance sheet was correct. A sale of the controlling interest in the company to Homan for $6 million is in the front of my mind. Being a minority partner to a Korean firm just makes for a great day. On the other hand Homan already has the technology and probably improved it past the product ZBB has to offer so it would mostly just be a payment to obtain selling rights to the part of the world they have no rights to sell into. Is that worth $6 million?