RE:RE:RE:RE:Show me the money, today is the dayReally? Have they?
Food for thought:
1) Initial LOI was supposed to result in a definitive deal by Aug 5th. It did NOT.
2) Cunninghsam was supposed to show proof of financing in place prior to Aug 5th. They did not show they have the money, just that they entered into a "token subscription agreement" with GEM that certainly did not have $210 million on Aug 5th, nor today. THe amount available today, based on public disclosure, appears to be $0.00
3) THe Deposit. Why was there ust a $300k deposit on a $210 million deal? THats like 0.1%! Next to nothing. Second, why did they NOT pay the deposit with the signing of the agreement????? Theyre buyin a company for $210 million but dont have $300k? Why were they given 30 days to come up with the measley $300k? What does it say about Cunninghsam that they needed 30 dsays to come up with $300k. Ill bet many on this board could come up with $300k in 24 hours (thank you 1 day settlement!)
Would coming up with $300k in a span of 5 months indicate that they can come up with 700 times that amount in 60 days????
What does it say that we are even talking about $300k 5 months into this and a month after a defitive deal? On a $210 million deal!!!!!!
FACTS MATTER
GoldDigger60 wrote: They have done everything they said they would do so far and you are correct, they do wait until the very last minute to share any info or progress.