GREY:SMDWF - Post by User
Post by
TAswingon May 13, 2016 10:41am
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Post# 24870040
So dead right now... Growth plan, $2MM financing...
So dead right now... Growth plan, $2MM financing...Kind of hard to guess what`s happening at the moment. I like to convince myself that it takes time because something is still in the work and they now have to prepare the year end and news release as well as the conference call once they signed a deal. But at the same time they can still be in tough negotiation and nothing on the table yet. Fighting to survive like they are takes time, no matter the outcome. On the other hand, I like to think it would already be over if there was no hope at all.
After all, the $2 million debenture financing announced on February 29 was turned down by George because he thought conditions were unreasonable. Most of these conditions are now a part of VID-Steve growth plan announced on March 21. Steve is not going to turn down the next offer if any if he knows it`s good for the company in the long run.