Friday, October 26, 2012 12:05:28 PM
maybe they are currently in negotiations and the rights offering (ie Chrome) is basically their ace in the hole. In the spirit of krom:
ERHC: "Hey Company "T", we are willing to work with you but have some of our own demands and can't just bend over and take it from you"
Company T: "hahaha you little minnow you... you have very little money left and you need us and our heavily-filled coffers"
ERHC: "back the truck up... did you see what Chrome just said in that PR? They are fully-behind us and so we have an alternate form of financing if we have to go that route... yeah we like your expertise but it's not do or die and we could probably find someone else more than willing to step into this hot area on more of our own terms"
also in your spirit... the above may be totally wrong and I could be giving management wayyyyy too much credit.
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