The 3 OPTIONS ... 2 are GOOD, pushing TID UP As I posted below, the potential buyers of TID are extremely GREEDY. They do not buy TID now because they want to buy TID even lower than the current ridiculous pps of 14-15 cents to make 400% by early 2013. They are not satisfied with a 300% from the current levels.
They still hope desperately for the BAD option out of the 3 options below to take place, although this BAD option has NO CHANCE to take place now. September payment was done. Period. So the odds for a purchase lower than 14 cents are AGAINST THESE GREEDY potential buyers.
In short, these are the facts and the options as of today:
1) Good news: TID announces the refinancing during the next days because it estimates it can not pay the December payment (after paying September installment). The stock jumps immediately at 25- 30 cents. So, the hesitant potential buyers will have to buy TID much higher than today.
2) Good news: TID does not proceed with the refinancing AT ALL because it sees that it can afford to pay the installment of December too. Q4 will be great (according to the CC) and thanks to one of the followings:
Favorable news from HRP, VAT from GABON, sale of 1 or 2 heli-rigs, customers for 1 or 2 heli-rigs.
This NO NEWS about a refinancing announcement is GOOD too, pushing the stock higher than 25 cents by NOVEMBER 2013 when the good Q3 (according to the CC) is released.
3) Bad news: TID did not pay the September installment. The stock would drop. However, this is a MATERIAL CHANGE and TID should have already announced it publicly if this material change had happened. Common sense folks. No news means TID paid AS SCHEDULED the September installment.
These are all the options about what happened with the SEPTEMBER payment, and the odds clearly favor the BULLS.