Received a call from Mr. Vu BinhSurprise surprise, I just received a call from Mr. Vu Binh. We talked for about 10 minutes.
The short answer is, he is asking $51 million for all the expenses and $5 million in interest.
It is an ongoing process and he has no idea how long it will take. There is no precedent so nothing to base an educated guess on.
It certainly will not happen in the next few days and could take weeks or even months.
The AB Government has now somebody working on the file. Vu Binh does not believe the Government is delaying or stalling but this is just like an audit, documents going back and forth and that takes time.
I asked him if the company is doing anything in the meantime and he said they are preparing a business plan that will be based on how much money they will be receiving. In other words, to finalize the business plan, they have to know first how much money the will be receiving.
TyJa1, you might be right, it could take month.