GREY:CUDBF - Post by User
Post by
biggerironon Sep 06, 2014 10:41am
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Post# 22912437
The failure to close the portion of the Agreement that
The failure to close the portion of the Agreement thatcame due on September 2, is a major blow to the credibility of this deal. Not only that, if they cannot close on the $4MM, how are we expected to believe that they will come up with $96MM of joint venture financing. We are now over a week from when the news surfaced and it is not fixed, it sounds like all other Korean deals, they do not deliver. We have all been dupped. This story is not over, its only beginning. Their will be law suits all over the place.