Careful, I listened to it as many have. I heard a Politician saying a company secured financing BUT NOT to buy the plant. He does NOT specify and if they did why wouldn't he?
I am all for this companies success BUT they did a bit over 700K in sales last year. Not sure how they are supposed to buy this plant that will have to be completly re-tooled at an even greater cost. The financing was to keep them alive and hopefully grow, NOT anything more,Just as their PR told all of us.
IMO-They need about 100M-300M to make this work if they are to take over this plant.
I manufacture car parts for GM,so you better believe I have been bugging people who would know about this company since that Trump Tweet.
I cannot get confirmation of anything, from anyone.
Take from this what you want, I am in this stock cheap so I am deep in profit. I am just skeptical knowing what I know.