naive to think someone would put 58m in with ZERO plan on how to bring the project into fruition. It's obvious their preference is the SDL play..and I'd say all boxes will be ticked...but let us see how it plays out - other outcome is walk away - noteholders cancel at .004 and we walk forward debt free ready to be taken over. It is after all the debt that has prevented that to date, plenty of parties have been sniffing. Third scenario - s/h meeting - debt cancelled and this ANS deal gets trumped by a straight t/o from an as yet named party.
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Ann: ANS: Proposed $100m Placement & Strategic Investment in Sund, page-235
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