The plan appears to be, a low-ball underwritten bid for the factory, that has been rejected.
Interesting aside, Inc appears to be playing hard ball supporting a bankrupt factory and may fold, maybe FP is betting on this.
Separately, a Chinese stooge comes to the board, takes a bunch of his mates to Nachu and the Chinese start eyeing up that asset to develop
I wonder at dinner tonight when FP is saying to the pay day lenders (due tom), "give me another 6 months", what they say
Interesting
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