RE: taking too long unlike RIM (BB) This is there M O
The transaction, which is expected to close within sixty (60) days, is subject to due diligence and
negotiation of definitive agreements. This agreement represents a significant increase in value as well as
a future opportunity with a liquidity event as the initial investment in the itiBiti platform was originally
purchased in 2009 for $2 million in a cash and stock transaction.
The parties have completed due diligence, are completing the final agreements and expect to fully close the transaction shortly.
I think the last time they used the word shortly was when they were going to launch Ortbo. During the video didn't David try to explain time lines????
Why put a time line in?? why not just say we will be working on this to get it done as soon as the circumstances allow??? We do know they need the money, time lines missed suffer consequences along with faith that will recede in management. Is this daja vue?????