Hi fourdollars,
I note your previous post and acknowledge and agree with your concerns in relation to lack of detail with respect to up front costs in relation to "save and share".
I note a cost of $2.133M as other working capital in the 4c and can only speculate as to its purpose, maybe used in the above model.
For a Micro Cap if the model was executed as explained as I interpret it the company would require capital continually so I must be misinterpreting the model.
New Fuels to me will only progress with partners only at this stage, which the market is anticipating in the form of Sinopec in the near future.
GreenEarth Energy is juggling a few balls at the minute so I would think their business plan is changing constantly, so a time line to profit would be a piece of string to predict .
So yes more questions than answers, pretty simple they would not get much capital from investors due to the obvious, so a partnership with a license for New Fuels is what is most likely.
I will try and contact Samuel Marks and put these questions to him.
GER Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held