I agree. And a loan of this magnitude would have a
"committment letter" issued which would signify a done deal before the actual paperwork is signed and money transferred. I have been checking maryland ucc and new jersey ucc filings...nothing new. Anyone subscribe to Dun and Bradstreet? Wonder if that report lists all who has received a copy of that report. Would indicate if other lenders are involved. Bankers like to see how trade creditors are paid. I am disturbed by the time it is taking on this loan, but if the guarantee is coming from Nigerian Import Export Bank, that could very well explain the delay... As to the price, well consider this. This stock was trading the first couple months of this year 1 to 1.5 cents. That was before orphan drug approval, nigerian license, sales, the nigerian loan, chassman infusion of more capital.. Yet people are now hesitant to pony up 2.2 cents for the shares? As I said before this company has some ignorant shareholders.
