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Old 23-04-2008, 08:37 AM
KDJX KDJX is offline
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Join Date: May 2007
Location: Norwich
Posts: 60
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Quote:
Originally Posted by Marben View Post
Hi Nick

It appears this article is from October 07.

As for licenses, there is no change from the update from last week as it stands at the moment.

The first lot of contracts expire actually on 22nd May (exactly 1 month from now) so we will see if anything appears between now and then. From the research I have been doing it appears that the licenses will not be granted in time if at all.

Sorry
Dont be sorry Lisa...I think that's the best possible outcome for most of the investors. If GS obtain the licences we will then have to make the choice between losing our deposits or throwing more money at a company that is one step away from bankrupcy. I cant see many (if any) investors who know about the situation doing that unless GS come up with a whole new range of bank guarantees.

K
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