“There would have already been negotiations with potential partners, it would have been better for us if the CR raised enough funds to pay off our creditors, but all is not lost - yet.”
How long does it take to to “negotiate”?!
I don’t know about you but I always have a contingency plan in place for my business... that’s good business practice.
Surely he must have known he wasn’t ever going to get enough from us to finish... now he has to find a partner and discuss terms?
He either has that someone now and they are established or he is incompetent.
We’ll find out which in a week. If no announcement on this, I know which way I’m going to lean.
IMO
PRL Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
