2014 and beyond , page-29

MOJO, if IMC buys, don't you think they would buy in a discounted capital raise? MOY need money, they need it fairly fast, I'd reckon, to pay down their existing debt obligations, and do what else they need to do. They are cash flow negative now.

IMC last raised their holding in late September, so it seems they would need to wait until late March to creep.

I know it won't happen, but MOY could bite the bullet, and raise capital to pay all existing debt, and start afresh. The long and slow debt repayment keeps this one on the wire.