RE:RE:RE:The Countdown Clock and Communication..... Transparency..After the many misses of dealine there is a lost of lost optimism. I understand its complicated deal, in a complicated region, with alot of complicated moving part. Some investors justifies all the misses because of these complications (patience, it's complicated, days awya from money coming ing, too emotional, etc...). I dont pardon them... in fact this is why I am more critical of IMP. They are simply not able to capitize, to change this complicated siutuation into a easier one, "make it happen". The bottom line is: this deal is TOO complicated for them and the funel is not getting any easier. This is why when/if I hit my my price target i will trim to breakeven.
IMO the simplest way of summarizing the risk: As long as vertex keeps founding we have a chance to mak money. When Vertex stop we all lose. After a year I am sure some directors at Vertex are questionning the value at this point. they know if they pull the plug they probably lose a fair amount but I imagine they would recoup some capital with the liquidation on IMP.