Condi’s fake company is on its last legs
"We have substantial doubts about our ability to continue as a going concern. To continue as a going concern, we must secure additional capital to provide us with additional liquidity. Other than the Commitment from Mr. Khosla to invest in us a cash amount of up to an aggregate of $25,000,000 in available funds in a number of monthly borrowings of no more than $5,000,000 per month, we have no other near-term sources of financing. Because the Commitment is subject to the negotiation and execution of definitive financing documents and the achievement of performance milestones, we cannot be certain as to the ultimate timing or terms of this investment. If we are unsuccessful in finalizing definitive documentation with Mr. Khosla on or before April 1, 2014, we will not have adequate liquidity to fund our operations and meet our obligations (including our debt payment obligations) and we do not expect other sources of financing to be available to us. This will likely cause us to default under our existing debt and we could be forced to seek relief under the U.S. Bankruptcy Code (or an involuntary petition for bankruptcy may be filed against us)."
Vinod Khosla may now actually shut up and fade away instead of hyping the thermodynamic junk he sold Haley Barbour and the State of Mississippi.
Vinod Khosla is a three time bio fool. He brought us Cello, Range and now KIOR. I have written a book called the Morax. Vinod is not a onceler he is the Megaler and three time loser. A megaler is a megalomaniac who believes he has enormous “renewable” power. Dr. Seuss wrote the Lorax but Leveen The Green Machine has written the Morax. I will be posting a chapter each day of the Morax on Greenexplored.
As for Condi Rice and her missing weapons of mass combustion, she was spotted at the local Safeway near Stanford buying up Depends and bottles of Imodium. Just to be safe she also stocked up on Pepto Dismal both in liquid and tablet form. Codi you are headed to the throne where you belong.