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04/07/12
09:47
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"this time its not going to be good news".
I agree delta charlie.
There was only just enough money to survive the last quarter so without a cash injection this is no longer a going concern.
I reckon there are four possibilities:
(a) Administration
(b) A white knight provides enough cash to prop up the company for another quarter.
(c) Production (highly unlikely in the present climate as it requires a massive amount of cash and goodwill)
(d) Sale of assets (it'd be a bargain basement sale if it happened: pretty sickening)
I've given up being optimistic about this Company: it looks like it's going to join PLA in my stable of companies in administration.
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