Ann: Change of Director's Interest Notice, page-172

'Buddy not a chance in the world of a MBO, consider the size of loan needed

at current share price they would need $250 mill ( and you can bet shareholders would not expect $1 share, plus $70 mill to pay back Minsheng plus working capital of say $50 mill, so $370 mill at least.

And can you imagine the size of the class action against management if it was found they put the company in this position to effect a MBO

IMO, they did not get to this desperate point deliberately, it is just an outcome.