Ann: Heads of Agreement reached on revised debt terms, page-6

yes mass dilation, but believe this was already priced in. With the certainty of the debt problem sorted, we may see a small increase in SP. This type of business with way to much debt / MC ratio was always going south with the debt uncertainty. Now this has been sorted, yes with dilution, it’s time to start making some money. The certainty with the debt levels moving forward is only a positive.