TFS/Quintis bought Mt Romance for $29M in 2011 which is surely worth $37M by now.. Impossible to believe that a contingency plan was not put in place to cover the put option given all and sundry were aware of the impact this would have on the company as far out as 9 months ago..
What exactly were the current board doing all this time beside making things as difficult as possible for FW and the company to survive?..
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