sino cites chm as a problem for mmx, page-12

CPG

The injunction would only be against removing MMX from loop.

If merger happened structure would be MIS owning 100% MMX with MMX owning 50% Crosslands.

If new MIS tried to move ownership of Crosslands shares from MMX straight to MIS this where a real ----fight would occur as CHM would argue it is only been done to avoid creditors.

So far merger deal does not contemplate this shift so has no impact on case as far as I can see.

We differ in views on timeframes of case as I think it is a fairly simple case (s) but we could argue that one to we are blue in the face.

Also we differ as to if CHM remedies extend to getting awarded share of assets for co-defendents wrong doings but that is upto the courts as it seems CHM and MMX obviously also differ in their views on impacts of an adverse finding against MMX.