So next week, Kostro is going to formulate a plan to re-structure the company and secure funding for ongoing operations. Since all anyone on this board can do is speculate (Mide's kissy-kissy session with his buddy Bleckman aside), I'm surprised there hasn't been more discussion on these topics.
Anyone care to take a stab at what Kostro may have up his sleeve with regards to re-structuring the company? Since Mide has put forth that Bleckman says all business lines are in tact, what kind of re-structuring could be in store? I got news for ya....if it's business as usual, ya'll might as well just bend over and grab your ankles.
And what about funding (obviously a *high* priority since Kostro is going to jump on that one next week...didn't they just finish doing a private placement for a million? Where'd that cash go? There was a provision to do up to 2 million more on that round, but obviously no one was willing to belly up to the bar!)? Who in their right mind is going to dole out the dough at anything approaching reasonable terms?? Here's a hint: NO ONE! The next round of financing is gonna be mind-boggling (both in its complexity and to the detriment of the company (read shareholders)). But wait....there's always Caterham...right?
So come on all you longs, shorts, swingers and none or all of the above! These are the two most pressing issues near-term for this company and it's viability as an ongoing concern, but all anyone wants to talk about is how some IR putz is "enthusiastic and excited" about the future. Hell, just take a guess at where this thing is headed....what more can you do?
