actually, i think its toastno cornell drawdown = no cash = big...

actually, i think its toast

no cornell drawdown = no cash = big problem

suspect the new management have dropped the ball big time

also, EzyDVD was due to launch no later than 3 months from signing in September - where is that at?

Are they saying that negotiating the agreement meant that no work was done on launch - wasnt the preliminary agreement binding? (as we were lead to believe?)

I heard on the street that the new CEO was cocky about raising cash, then it all fell over, and he (out of overconfidence/arrogance) - forgot to do a Cornell drawdown

Ugly - suspect we have all lost out