The trading halt should come off this morning yet we have not heard from the Board on the long term financing.
The last updated stated that the board wasnt in a position to make an "immediate announcement" on the progress of the long term financing but is in the process or writing the announcement and would work through this on Monday.
It is now Wednesday!
The little details or the difficulty of the negotiations seem to always delay the final outcome!
I suspect there will be an extension to the Trading Halt requsted this morning! If so, the negotiations werent as close as they indicated in Mondays announcement.
trading halt update
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