Did Grable tell you she was going to China to meet with people for non toxic funding and a possible merger or is that simply your speculation? Seems as if the latter.
one can assume it was for meetings regarding funding and poss merger
You should understand the definition of DUE DILIGENCE before using it in this regard:
No proof Just due diligence
Definition of 'Due Diligence - DD' 1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to a sale.
2. Generally, due diligence refers to the care a reasonable person should take before entering into an agreement or a transaction with another party. Investopedia explains 'Due Diligence - DD' 1. Offers to purchase an asset are usually dependent on the results of due diligence analysis. This includes reviewing all financial records plus anything else deemed material to the sale. Sellers could also perform a due diligence analysis on the buyer. Items that may be considered are the buyer's ability to purchase, as well as other items that would affect the purchased entity or the seller after the sale has been completed.
2. Due diligence is a way of preventing unnecessary harm to either party involved in a transaction.
I think we can safely assume IF that conversation took place as claimed, she was lying? That is serious. A CEO of a public trading company lying to a s/h.
squeak1 Monday, October 29, 2012 11:20:56 AM Re: janvonscanner post# 30304 Post # of 30438 No proof Just due diligence Ms Grable told me that she along with other Imds execs were traveling to china sometime this month(oct) They wouldn't be going to buy handbags So unless she was lying one can assume it was for meetings regarding funding and poss merger So just be patient We will soon find out Then kaboomage
Ms Grable told me that she along with other Imds execs were traveling to china sometime this month(oct) They wouldn't be going to buy handbags So unless she was lying one can assume it was for meetings regarding funding and poss merger
Did Grable lie to you? No merger or buyout ever materialized. No news that she ever went to China either.
Ms Grable told me that she along with other Imds execs were traveling to china sometime this month(oct) They wouldn't be going to buy handbags So unless she was lying one can assume it was for meetings regarding funding and poss merger