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Forum: HoseHeads Sprint Car General Forum (go)
Moderators: dirtonly  /  dmantx  /  hosehead

Topic: WoO future
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Gojira
July 07, 2008 at 08:07:51 PM
Joined: 12/08/2007
Posts: 12
Reply

Tine has come to start discussing the possibility of there not being a WoO in the future. The stock price has tanked again trading at $0.07 today. The parent company is close to running out of operating funds if it has not already . They sold almost 4 million shares this past week to Vicis Capital LLC @ $0.0001 a share. Looks like some kind of venture capital deal where Vicis can turn their approx $400 investment into much more if they can get other investors to come on board and help save the company.



Mr. Mac
MyWebsite
July 08, 2008 at 08:15:28 AM
Joined: 12/01/2004
Posts: 673
Reply

with the rest of the market in the tank, this may be a great time to get in (kidding of course)...maybe they could get a subprime mortgage from Countrywide too....



BigRightRear
July 08, 2008 at 09:28:34 AM
Joined: 11/27/2004
Posts: 3751
Reply

who could possibly be interested in purchasing $100 mil of debt?


Lincoln 1845 ft/.35 mile T1=118MPH 
Eldora 2287 ft/.43mile T3=135MPH
Port 2716 ft/.51 mile T3=TBD
Grove 2792 ft/.53 mile T3=135MPH
Selinsgrove 2847 ft/.54 mile T1=136MPH
"I didn't move to PA from El Paso in search of better 
weather." Van May

Faster Pussycat
MyWebsite
July 08, 2008 at 10:31:39 AM
Joined: 05/30/2007
Posts: 813
Reply
Reply to:
Posted By: BigRightRear on July 08 2008 at 09:28:34 AM

who could possibly be interested in purchasing $100 mil of debt?



A derivatives trader/multi-strategy hedge fund manager/speculator named John Succo???


"As long as I can have a fast boat, a margarita 
machine and can light my hair on fire, I'll be just 
fine."

Jason Giambi

BigRightRear
July 08, 2008 at 10:37:49 AM
Joined: 11/27/2004
Posts: 3751
Reply

from Indiana no less!

maybe he knows something about the deals ahead?


Lincoln 1845 ft/.35 mile T1=118MPH 
Eldora 2287 ft/.43mile T3=135MPH
Port 2716 ft/.51 mile T3=TBD
Grove 2792 ft/.53 mile T3=135MPH
Selinsgrove 2847 ft/.54 mile T1=136MPH
"I didn't move to PA from El Paso in search of better 
weather." Van May

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