All current shareholders have shown unbelievable p
Post# of 43064
I am fully with you if they can get the deal done, then I am willing to wait it out, problem is though that we are facing the biggest sovereign debt crisis in modern history and when that starts to unfold it will make the frozen debt markets of 2008-2009 look like a walk in the park.
I have voiced my concern about this coming crisis before and with each day passing, this crisis is moving closer, with a world debt level 3 times of what it was in 2008, the next crisis will be bigger than anyone can imagine.
When the crisis takes hold, money will become very scarce indeed as was witnessed in 2008-2009.
Back then I was invested in a terrific company with an outstanding technology, much better run than PTOI and with some really dedicated people running it, still the company did not survive as money became too scarce and they needed cash.
What I am trying to say is that RH and RC have to get this deal done soon, they cannot afford to fiddle around any longer. They need to get this deal done before Aug, otherwise IMO the crisis will stop any kind of investor group from throwing money at this.
In such a crisis money simply stop flowing towards risky projects like this.
We are now in the longest bull market in the last 80 years, the next crisis is literary around the corner and will most definitely start before the end of 2018.
Get the bloody deal done