RE: Financing IssueHi Stag...
To me, it seems most likely that APOL and Western UNiversity would want something more than a payback with interest. What can CPT offer?
Since CIBT is not a public company would they just front the money and wait for profit? No, I believe that a position in CPT will provide the impetus to make it run. And that's fine. I could not imagine Toby ever losing strategic control of CPT.
We(long time investors) know that CPT can do the job at hand.
It is truly amazing that Toby and his crew have accomplished so much over the last 2 yrs. But, there has to be something to make the pony run. I believe that a large part of the financing will involve an issuance of shares to the financiers. CPT has an allowable 50mil shares. Since IR won't tell us anything about what's going on, I think it is prudent to take a defensive stand. Look at the chart.
Regards...Ken