Ann: NTU Delay in Funding - Update, page-2

GB has done a fantastic job keeping this company afloat this long considering the company has NEVER had a viable business plan. After numerous failed funding attempts due to PRC regulatory issues the NRE funding deal proves yet again just how little interest ROW entities have in this company. Why would NTU risk going down this path yet again if there were any other options. 

A number of posters have been calling the demise of this company for years now, myself included, much to the dissatisfaction of many SH’s and some tragics. It appears the demise of NTU is very close. I expect administrators will be called in no later than end of this FY.