RE:If there is material news,It's not obvious, and not likely to close. 3 missed deadlines already. No need to wait for the 11th hour to close this deal.
Doug could be calling the investors, but they're not answering the phone. So technically, still being worked on.
It's below pre-PP annoucement price and we've lost 3+ months of share appreciation potential.
Shareholders are upset and selling.
Seraphim1 wrote: the company can not withhold it and legally must disclose it to investors.
Therefore the financing has not fallen through, nor has it been finalized yet.
The deal is obviously still being worked on.