Ann: Exercise of put option, page-34

Another cock up, Pull the trigger and expect to see $37 mill in 14 days.
Who writes this rubbish, no one in their right mind would agree to such terms.

And the timing of it is very suspect. More scumbag shorters involved in there somewhere trying to push out the rebuild team I imagine.
Going to be a Sh--t fight to see who gets control here. This is being done to scuttle the new bid, so this new bid will need some serious backers to launch this from here.