It’s Complicated, page-7

Chris, sorry your statement
"Bergen have paid $2.05 m for their 6,212,121 shares, so in that respect the announcement is correct"
Is not correct.
In reality no one will know exactly what Bergen has paid until all 20 monthly payments have been made. Yes, you are correct there was a degree of desperation and managements thoughts were share price will increase over the 20 month period. Yes this could happen and total funding would be greater than the expected $2.05million. However I doubt it, the way I see it HAV shares have been shorted to hell for a purpose, for anyone to get a big holding in Havilla there are two ways it can be done create desperation by shorting or meet the market by increasing purchase price.