RE:RE:To all the moaners on ceo - and NovosinceAgree, great post eld!
Confirming that the company does respond, as long as your not asking any info that would be considered ‘material’ -
Lots going on behind the scenes - the companies future is being shaped as we speak. Climate has changed in last few months (for all companies and lenders), but no one should be concerned about whether they can complete their financing. This is Spencer’s specialty and background. I’m sure lenders are going thru stricter DD before they give the green light.
Plan is to borrow minimal $$ upfront (A&P deal), then allow a potential NDA (partner?) help pay for the remainder - at much higher prices of course..
Their timelines are off, likely due to things beyond their control, maybe a bit of inexperience on managements part. Frustrating for shareholders for sure...but don’t think the lights are not on. Again, the companies future is being shaped as we speak. I’ll accept delays with ‘gettin it right’. Patience.
As we said before, news will drive this stock, and eventually bring in new buyers (much needed). If your not patient and want out, so be it. Sell for a loss and take your chance s with someone else. It’s okay.
Ive added in the teens, taking advantage of current conditions.
Best of luck & let’s go.