Is that the conference call where Dan stated he would definately get the funds to pay Cougar, even if he had to borrow money from Shareholders? He got that wrong!
Is that the conference call where Dan promised DNI will be back trading by the end of the month ... three trading days time? Don't hold your breath on that one either.
Now the positives for Cougar. DNI are now theoretically in default to to Cougar in the ammount of $2.25million. They obviously have very little money and no ability to raise money ... they are currently suspended from trading. The only asset they have is the Madagascan properties. I wonder who could end up in control there? Dan has continually over promised and under delivered ... and IMO this latest move will backfire on him too. Lots of promise ahead for Cougar ... but dark days ahead for DNI.
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