GREY:WFEMF - Post by User
Comment by
ark88on Aug 14, 2012 1:18pm
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Post# 20215859
RE: August 31
RE: August 31 I'm thinking otherwise. I think if the IMC deal is to happen, it may happen soon, like before the end of this month? Why? it's the amount of the PP and to a lesser extent the tight closing of the PP.
$5 mil. is petty cash. If you're tapping the market for cash, why would you ask for so little. Let's not forget that when IMC signs on, they still have 60 days in which to finalize the contract and forward the cash. This is pure speculation, but I think management must feel confident that this deal will happen.