Sounds like were desparate to me.. Are you sure of the 55% marker?

35% CVR after 2nd tranche of $12 million

10% to management

appx $140 to $150 million minus for expenses. Yeah sure , 55% therabout left over but what happens if they dilute more? I think they will if this drags out longer than we think it will. All depends on Hugo and the eventual CITIC buy under.

All based on $700 million min ISCID which still is uncertain. GRZ IMO leads the way to the settlement .

I think bondies on hard packed dry ice are the key with a lill manuervering by Tenor we could actually come out better than most of you think.

Keep the faith.