RE:RE:closing of a deal....The central point to grasp is that, despite financial setbacks, management is categorically determined to tough it out, obstinate to see this pursuit through to attainment.
A financial partner is eager to step forward; however, closing this anticipated financing has run up against the temporal reality that this group’s internal agenda is driving the timetable.
Moreover, worst case, an exit strategy does exist in the form of an outright sale, but this recourse is not the favored alternative.
Bottom line: Quitter Can1 may lack backbone but our champions do not.
In any case, is it not commendable and admirable to see immensely talented people fighting on rather than selling out?