Hey guys IMO If IDM accepted 18% interest you would assume there's a real issue with short term cash flow and not neccessarily a long term problem.
Per the last quarterly expected operating costs for the September quarter were $6,942,000 if for some reason the payment from the shipment to china is delayed this would drain whatever cash IDM had in the bank.
Hopefully china pays up and the cash flow issues can be fixed.
An announcement on how production is going wouldn't hurt either..
IDM Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held