Friday, June 29, 2012 1:40:37 PM
My answer to your survey: A, D and "F"
A - pretty straight forward - trips again since there is no evidence, not of a signed deal, but even little tid-bits that would lead one to conclude that things are progressing towards a deal
D - only on the aspect that we will hear that "Financials are being worked on". Not that they will ever be current, but I think the trend will not change and the word will continue to be that plans are to get current with Financials. I personally believe JT would get the Financials completed if (1) able to fund, and (2) could fund on-going to keep them up to date (why get them up to date if one is not going to maintain a current status due to on-going expenses of doing so). And, yes, I do realize that it is likely required to have the books up to date to secure financing or the JV mentioned.
"F" - added this one. Everything stays the same. Little bits of news thrown out that evidences some hope, but nothing confirmed and no real outcome. Prices stay the same or drop, until the next big idea leaks out and a possible deal is feasible (not probable, rather just feasible).
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