We must be getting closer to an update. One would think FAS management would want to announce the $65M loan before 1 August 2013 as that is when Qtrly must be announced. With $10m in debts + interest, I am sure that the auditors would want to be assured that FAS is a going concern and not trading Insolvently. At the end of the day if FAS can not raise $65m then there is no funding. Fingers crossed that management can get this across the line, if not it could be game over for SHIP. Good luck
DYOR
FAS Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held
