NWT 0.00% 11.5¢ newsat limited

ExIM vs. LM vs. Newsat, page-2

  1. 2,082 Posts.
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    Good find Ganp. Could what i posted the other day have some truth in it then?

    Current issue really are:

    1. NWT did nothing wrong and has tons of offers wrt the capital raise
    but legally cannot accept these offers until

    2. Exim and Lockheed resolve their issues......which are mainly due to Exim not wanting to accept consequences for payment delays cause by Exim themselves

    ( note nwt has made every payment on time )

    3. Lockheed is on nwt's side....serving the notice is tactical in order to make exim wake up to reality and ' get on with it '

    Lockheed is continuing manufacturing and resolution is expected in the next 2-3 weeks.
 
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