Ann: Four Mile - Termination Of Sales And Marketing Agency, page-453

>>> AGS has 25% of B4M atm that's an asset.

Not really. When they gave a third party an option to acquire part of it, it changes things (lost full control as to what to do what the asset).

And when you take your partner to court, and obstruct progress, the JV becomes dysfunctional. That's the situation. Insufficient foresight by the directors.

I believe their legal advise from the outset was not good, or the actual legal advise was ignored.

Still holding (at reduced quantity), but mentally prepared for a full loss.