Ann: Share Issue to Pioneer Resource Partners and Market Update, page-57

they had to raise the money because of the testing screw up
they had to do it =/< Pioneer's 5.4c
so 5c
I am sure there's a few holders who've had enough of the failure after fup after failure after fup and just want out
but given its 4.9c offered I can only guess Neil's network is not taking an oversized swipe at $1.9m
maybe they take some shortfall but they are apparently not champing at the bit
there will be a big shortfall for sure. I suspect GRV are negotiating for an offtaker style cornerstone.
and its not too hard to take that a step further and figure insiders shortfall support might depend on how those conversations evolve.