Post by
bond46 on Oct 15, 2013 3:25pm
Hints of developments
The latest financing by Marret seems to signal an end of Marret as a source of financing and "...alternative financings and discussions with the shareholders will be advanced..." by or after November 15, I suppose, according to Mark Haywood. This means in other words that Marret has come at the end of the line as far as financing of CMK goes. That is encouraging. The prospects of ending the impasse this company finds itself in will be coming to an end and a resolution of this impasse, one way or another, is in sight. This is my personal opinion. The fact that Marret is opting out of future financing, though not openly stated, but it's alluded to, and knowing Marret wants to get its money back plus interest, a third source of financing, either in the form of an off-take agreement,joint venture or outright sale of the the company must be in the works, hence the "...discussions with the shareholders..." Haywood is talking about. In any case, we'll be here, we always are....