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Message: Re: news is out
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Feb 11, 2010 04:56PM
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Feb 11, 2010 04:59PM
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Feb 12, 2010 12:38PM
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Feb 12, 2010 12:40PM

Thanks for your efforts, Silver but I have a problem with your statement that a payment in November is "...all good". It would be "all good" if they deposited the money yesterday.

How do we know if Wolverine will be able to pay us in 9 months? Obviously EDIG agreed to put off the payment for almost a year from settlement. Did Wolverine convince EDIG they were not in a position to pay at that time? If so, they might be financially weak. If Wolverine tanks, there would almost certainly be a long list of secured creditors ahead of EDIG. Even if Wolverine's still in business, there's still no guarantee they'll be in a position to pay.

It's too early to put this one in the win column. I ain't counting these chickens until they're in the coop.

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Feb 12, 2010 02:20PM
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Feb 12, 2010 02:20PM
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Feb 12, 2010 02:24PM
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Feb 12, 2010 03:07PM
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Feb 12, 2010 03:14PM
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