What we do know is, 1/Receivers in charge of business for chm at present, 2/Recivers/Chm will have to pay funder something like another $9 Million 3/CHM has no money 4/CFe is going to stump up $6.5 million 5/Another $2.5 will have to be found... 6/Then as an ongoing viable entity chm still broke and would'nt be allowed to be listed as insufficient funds to meet obligations etc..so Questions 1/Will CFE put up another , lets say $5 million to satisfy funder and for operating capital, 2/If so what value does that put on chm, then a coy with likely a $12 million dollar debt..no income stream...but with a possible settlement or judgement... 3/ Does cfe pull out deeming it too risky.. 4/ Will funder Appeal decision.. 4/ Does receiver do a deal with MMX to get coy out of receivership.. Interesting times ahead...
CHM Price at posting:
9.2¢ Sentiment: Sell Disclosure: Not Held
