You really surprise me that with all your management experience and business knowledge that what these people "expect or "intend" to do is what may actually happen. You obviously haven't followed this outfit long enough. Sorry, but I'm not naive enough to believe everything I read and if these people were the going concern most of the PTQ promoters think they are why wouldn't they have already secured a financing deal? After all they just procured a minimum $75M aggregate deal with FQ. To date that hasn't amounted to a hill of beans towards getting more financing. Hmmm, I wonder why?
IMO it's just as plausible that Fifer is waiting for the Big Boys over at FQ to do their evaluations and see if PTQ fits into their plans a little further. Maybe yes, maybe no, but this financing debacle is taking a lot longer than would seem necessary IMHO.
It's only speculation on my part, but not that far fetched either.