Saturday, November 10, 2018 4:02:21 AM
I don't think it's an option to pursue this because it would take 12 months to complete
Oh, but they have been working on the F-1 for more than 12 months, remember?
Hence my question; can they be that stupid that they stopped working on the F-1 (or never started on it, even though they said they did) and gambled everything on a different plan? Another option would be to have TRW pay part in cash
As long as TRW repays what is needed for SIAF to keep its obligations SIAF can increase its stake in TRW as much as Solomon wishes, but SIAF desperately needs some cash. It will be interesting to see in the Q3-report if some of the "fresh" AR from TRW has passed the "aging limit", last time they wrote that it would be settled upon maturity...
This is not wishful thinking because I will soon be accused of that (again). It's what they have to do...
Wishful thinking and "what they have to do" is not mutually exclusive, RD, you know that
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