I forgot to say that I said to him that the market was worried...

I forgot to say that I said to him that the market was worried about the lack of cash they had & if this deal didn't happen for some reason the company credibility would be destroyed (ie. if for some reason this BIG contract was a ploy to suddenly ask for some money then they would be up the creek as everyone would see through it)
Anyway, he told me they did not want to raise money at these low levels but around $1.50 or so was more acceptable....I said did he really see the share price up around that level & he said he thought they would be by next year - then said 'wait until next week when we make an announcement & all will be revealed then' .....hmmm....he's toned it down to $1.20 now.....we wait with baited breath for next week...