Recent events have been orchestrated to position the company for...

Recent events have been orchestrated to position the company for a take over?

I just don't understand how a deal that apparently was a long time in the making could collapse under a little pressure as a result of disclosure which would always have been part of the deal given it's a public company and the scope of the project. If the backers were convinced it was a viable project why walk so quickly?

1. Massive media coverage. GUARANTEED

2. Removal of management. GUARANTEED

3. SP collapse. GUARANTEED

Not being naive, it's just that my experience and training (and I could be wrong) is telling me the facts don't add up.

Here's my theory: If the Chinese want in they're going to need IP and we know they'll never touch Mitsubishi's. They can't start from scratch not because of cost but mainly due to the fact it may leak into the market that they are engaging contractors for this purpose. Updating existing IP via a minnow such as PDY has the market thinking, "PDY will never pull it off so let them waste their money on updating the IP."

Perfect storm sees management removed, SP collapse & company in dire straits. Take over!

I'm not chasing the red herring on this and will hold to see how this plays out. As I said previously I could be wrong so DYOR.

Alternative thoughts because we've already exhausted the obvious?