Hi all
Yes they need some big deals soon or they will just literally just fade away and of course no comments from the management or even updates on their website The word on the street is that GM has cut their orders by half but no official announcements and as of writing redundancies have started which is mad as they were hiring people 2 months ago.
As for mexico the final decision is on hold pending the us election and even that is complicated given if trump is elected he is talking about putting 100 percent tariff on all good imported from mexico.
i am surprised no financial reports form them as well and surely that is against the listing rules but who knows really what is going on !!!!
This Company has been a bit of a disaster since they listed their production process was not developed and they have been struggling financially since then.
Does anyone know if this company is still operating?, page-7
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