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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Post by SparticusJoneson Apr 10, 2017 1:11pm
94 Views
Post# 26101383

Not good

Not goodNot completing or releasing the outcome of the LOI within the alotted days as per isn't a good sign. They said it wouldn't take more than 60days and here we are on the cusp of surpassing said days. Maybe there was some disagreements and some differences? Maybe united commodity's sold to someone else, or maybe they were being unreasonable. Whatever it may be, I think this is one of those times where no news is good doesn't apply. I'm going to seriously consider selling and investing in another local Cobalt company who is already getting product and not one that has speculations pay their people. Who knows hopefully I'll have to eat these words.
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