That is a ridiculous claim. Who would take over a multimillion dollar contract which Loyyal breached and Emirates could sue for damages!
None of the existing VC’s would put up anymore money to save it and most of those have $100’s of millions at their disposal.
so RFN who have absolutely no money will step in and rescue a business burning US$1m a week and turn it around and deliver on a project that large VC’s could not. Oh and most of the people who know anything about it have left....
Ann: Loyyal Investment Update, page-77
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