If the Market depth means anything Usually the MD is an indicator of what is happening behind the scenes and if the numbers mean anything, things are not going well.
In TOTAL down to TEN CENTS(nothing below)we have a total of 325,000 shares bid and THAT IS IT!!
Looking at the offerings, we have in excess of 325,000 for the shares to reach 19 1/2 cents and literally a million or more above 19 1/2 cents.
You have to think that Ms McDonald MAY BE the one who is holding out on the deal being signed off. PERHAPS she has more power than she is given credit for. These things as we all know can be prolonged, particularly if LAWYERS are involved.
In saying this, I have absolutely no idea of what the real reason for the hold up might or might not be. Ms McDonald's name has been mentioned and it would appear that she has to sign off for things to move forward.
This as I say is ALL speculation on my part and I feel confident that Tommer will be able to put things in their proper perspective after he has completed his meetings with the IIE executives. Hopefully his MISSION will have been successful!