RE: TVRbenjy25 Oct 2015 22:35
They were undecided at the time. They said that Redstone had a good brand reputation within industry but not with the public. I said that most of their work wasn't with the public so why worry about that. I got the impression that keeping the Coms name was still an option in their eyes. I think it's 50/50 chance that they'll rebrand. But what do I know.
And while I'm here......I wasn't going to say anything........but...........I asked wether there was going to another "share dilution" as I put it and there answer was this:-
They don't have one planned, and will try to avoid one but they may need to raise money. They were keen to have another institution buy into the brand and this was one way to let them in.
Personally, and again what do I know, but it seems that finances are now looking a lot better and maybe, just maybe, the institution they were talking about were the big buyers a couple of weeks ago.
So Mainora, you could be right. But I've got a feeling it's not needed at this present time.