John Lamb saying (or implying) that a sale is imminent doesn't mean much.
Remember - he was saying that a MYL relisting was imminent, right up until the very last moment. He also implied (after shareholders voted against the Hartree dilution) that alternative funding arrangements were imminent. Obviously that never happened either.
Always better to judge by the actual facts rather than what he says or implies. The company has failed to find a buyer within the alloted timeframe. This is obviously not a good sign.
MYL Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held
