Financing Although it concerns me that the market has decreased the SP of MOO since the announcement one of the more positive elements of the announcement that should not be overlooked is that the financing has been cancelled. If the management of the company were in this simply to scam investors and line their pockets, all the while pumping what some might describe as useless lands, then the financing would have been allowed to continue in my opinion. Why not pad the bank account and go on "business" trips etc under the guise of working for the company and investors? The financing was cancelled. Management, who hold a great deal of the stock in MOO have shown us that they don't want their investment diluted anymore than we do.
I am cautiously optimistic that once the partner satisfies the initial financial requirement of the deal this will begin to rise.