Alita Restructuring_ Final Countdown, page-5

how is a pissant shell company in the Cayman Islands that pretends to be a Chinese new energy player offering substantially more favourable terms to creditors and why?!
Being a loan at much lower interest rates than MC could organise in all his loan negotiations.

this is definitely fishy, but has KM jumping all over it.

GXY May get their loan back, but that was not their intent when they bought the debt. And as shareholder they are sitting on a large loss ... but so am I, so no joy for me in that