RE:RE:RE:RE:RE:Held backI understand were you are coming from, and even though I didn't start the discussions on a PP I do think there could be some logic for one... even though I rather not see it right now.
Think about this, you are LHM and you are considering awarding a large contract to a company that will need to beef up manufacturing capacity, buy materials, labor etc. Depending on the contract, i'm sure IBC won't be able to invoice LHM until they deliver products so IBC will likely be out of pocket some money for 60-120 days easily.
As LHM is a large company im sure they have a risk management department that will do its DD on IBC to ensure they don't award a contract to a company that could be at risk of going under or be put under by large capital outlays and slow collections. I'm not saying IBC is at risk, but LHM might require that they have certain captial levels before they award the contract rather then issue the contract and hope IBC can raise the required funds afterwards.
I hope that IBC will win the LHM contract then raise money at higher levels as it makes more sense for a current shareholder, i'm just saying there is some logic in raising money before a contract is awarded though and might be seen as a good thing.