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Re: neutral1 post# 60574

Wednesday, 12/11/2013 12:51:58 PM

Wednesday, December 11, 2013 12:51:58 PM

Post# of 80983
I stand corrected - after reading the post again, HR believes that there is a 50% chance that a JV will be announced before the end of the year.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92633069

So given the reported progress that has been made thus far, I believe it is more a factor of how long it will take for both companies to move from the MOU stage to JV finalization stage which I believe is in full gear given the posturing of the company in its updates. As such, I'm fairly confident the company will execute this time and that confidence is reflected in my estimates as follows:

Now through October 31 - 15%
Nov. 1 through Nov. 30 - 30%
Dec. 1 through Dec. 31 - 50%
Jan 1, '14 through Mar. 31 '14 - 75%
Nothing verifiable by the end of Q1, '14 - 20%


Dolus