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Edmond,Do you know why DF is paying Innovative $750k? Isn't that for the bond? If not, then what is it for? I don't see why Carl Berg over at Seaside wouldn't put up the bond since they own almost 10% of the company now. He is a billionaire, a few million is loose change for him. The bond issue doesn't make sense to me.
doesn't make much sense to me either! I know they have options they are exploring now, or maybe have sealed. But the first option, with a bank in Iraq has some stumbling blocks. I think we will here resolve on this very shortly.
I hope soon as they are taking it down again.most likely shorting IMO
I also have now idea why they can't come up with this small amount of money for the bond. That's why I'm having a hard time beleiving that is the reason why the contract has not been signed.On the other hand I can't believe Col Ringgold put himself on TV stating they had the contract.Either he has something planned or he is insane!I guess time will tell.