GREY:WFEMF - Post by User
Comment by
Vantheman7on Jun 28, 2012 10:29am
232 Views
Post# 20063550
RE: Talk about uninformative!
RE: Talk about uninformative! Well I guess IMC don't want to walk straight away from their $5M that they have paid!! But the PR is not good news.
Always difficult to understand WOF press releases..... Why is it so difficult to write them so they can be clearly understood.
The fact is that IMC HAD 60 days to complete DD. Then it became 70 days, informed to investors by a presentation. Now it seems to have morphed into 120 days (if it hasn't they lack of clarity has led investors to this belief).
They update their website yesterday with a newly updated presentation saying that IMC DD decision by first week July. Now this today.....
Presentation also says MoU on debt and 20M convertable loan note JUNE............ So both to be completed by tomorrow!!