Balmain_Boy said:
We're in a bit of trouble (the balmain side of the merger) in terms of finances aren't we? I hope we can sort something out. Seems like the board aren't even doing anything...
Thats probably because the only thing they could do would be to sell their assests off which is something they don't think should be an option at the moment and I agree with them on this one! Once they sell them the won't get them back thats for sure!!!!
The main reason why the TD won't get off the ground is because of the PT and the fact that the PT wouldn't make something like the TD profitable as quickly as they would of liked it too.
On top of this it really wasn't a case of having the money into place firstly because they had the loan already approved it was more of a case of if they PT delaying what profits they thought they could of made which is being the biggest problem.
I would love the TD to get off the ground but I have this funny feeling that unless it does before the middle of next year it never will!!!!