Successful Eurocopter trials position Scotty for accelerated growth

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pork belly - Thu, 22 Dec 05 :

pablo,

they are averaging 300k per month and just drew down another 100k (of only 200k out of the 400k allowed).

so still have 200k to draw on until an order..."with the possibility for another £400,000 above that."

"In order to fund the additional working capital and costs incurred during the 6
week delay to the flight trials for the CH 53 programme, SCOTTY has secured a
convertible loan of £400,000 through a new facility provided by Headstart, with
the possibility for another £400,000 above that.


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