Posted On: 07/31/2015 7:49:01 AM
Post# of 43066
Who says OBG is involved? All Heddle ever said was:
"We intend to engage O’Brien & Gere "
http://www.otcmarkets.com/edgar/GetFilingPdf?...D=10706297
and that was a few months ago.
In that same 10-Q, Heddle also said:
In other words, the company is, and has been, on ice, and will remain so until Heddle raises sufficient money to do something other than put out PRs and file reports where phrases like "intend to" precede every substantive statement.
"We intend to engage O’Brien & Gere "
http://www.otcmarkets.com/edgar/GetFilingPdf?...D=10706297
and that was a few months ago.
In that same 10-Q, Heddle also said:
Quote:
Our current cash levels are not sufficient to enable us to make the required repairs to our processors or to execute our business strategy as described in this Report . As a result, we intend to seek additional capital through the sale of our equity and debt securities and other financing methods to enable us to make the repairs, to meet ongoing operating costs and reduce existing current liabilities. We have had very limited success obtaining financing from the capital market.
In other words, the company is, and has been, on ice, and will remain so until Heddle raises sufficient money to do something other than put out PRs and file reports where phrases like "intend to" precede every substantive statement.
(0)
(0)
