advancing product to countries with no money, companies that only pay half incurs debt. our govt should cover debt to broke countries but debt kills companies, people, families.
debt, can they keep their debt under control while they grow and take on more orders. And what backup plan do they have for delivering a large order and then, ----oops, they didn't get paid. Seen that happen many times with fatal results for small companies.
Haiti received massive funds to recover from earthquake and are desperate for clean renewable cheap energy. If MG2 fits the bill that may be a great fit for both supplier and Haiti
Stays over $1 today officially off the NASDAQ hit list for a nice positive, although I don't understand why we can't get the names of companies doing business with MNGA. Is this a corporate secret of some kind? Why?
dynamic mass, the more orders come in, the more validation, the more orders come in etc. Ermo must be lighting a cigar. Hope there's no complacency
This is business Sonny, not personal!!!! The old man wouldn't stand for this. Don't make this personal!!!
Not disputing anything you say, however, review the risk statement from 2014 annual report. They so much as predicted the fatal accident and the possible consequences. This could be, probably is, great and new technology. The inventor of the Jet Engine lost his idea to General Electric and Rolls Royce. If Management doesn't execute the business plan, if they get an order without the resources or capital to fill that order, (scenario also mentioned in annual report) they have to borrow a lot more $$$ which increases risk. With more debt and higer risk, another accident could be too much
not a press release, risk statement annual report but not sure which one. If you read the risks itemized in annual reports it makes the statement "crazy growth" crazy on short term
do you have a crystal ball houdini? What tells you this will have crazy growth? Your sorcerer intuition. In a recent statment they said without refinery sales the existence of the company is endangered How do you respond to that?
don't go by this board, go by releases and what they say. The Navy deal doesn't talk about revenue numbers, it just says the Navy submitted an order. It could be for one bottle to test on their own, it could be something else. The stock responded to fhe fact the Navy is buying some of this stuff. If you want more details, (and I'm serious about this) contact your rep in congress since they allocate money for the Navy.
all aspects of Magnegas, congratulations again, after a bad accident, holding fast to business plan and goals. Looks like now you're for real
confucious say all debt and little cash make cloud very hard to navigate