Herman Cain to make announcement on Saturday

GlobalPost

Republican presidential candidate Herman Cain will make a "major announcement" on Saturday, his press secretary said, according to NBC News.

According to the Washington Post, Cain is inviting his top supporters and donors for a meeting in which he'll let them know if he intends to continue his campaign.

"Tomorrow in Atlanta, I will be making an announcement. But no one is gonna get me to make that prematurely," Cain said at a town hall event in South Carolina on Friday.

The jury's out on what Cain plans to say during this meeting.

Some believe he'll announce the end of his candidacy. Others believe he'll be expressing his gratitude to his supporters.

According to the Washington Post, Cain is likely to announce his plans publicly at a news conference after the meeting.

Cain is scheduled to consult with his wife this evening about the allegations that have followed his campaign.

Cain's standing in the polls has sunk since the allegations surfaced, ABC News reported. Only 8 percent of Iowa Republicans said that they would vote for the former Godfather's Pizza CEO.  

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