LIT is fighting for it's life. Sooner than later they will have to admit that SL is a fail. They started the patent process, they started the testing program and stated a targeted product price range. They went to the market with this platform and raised funds. They went out into world and signed up parties on the basis that SL was great.
SL fails on recovery. SL fails on economics. SL fails to deliver period.
Their only saviour is LMax and that is only if they are using LMax and running SL testing at the same time. IS GJ going to agree to that. NO, meaning that LIT has nothing. So get rid of GJ and then nothing stops us.
If they roll over now they are dead.
Ann: LIT: Extension of Offer Period for takeover bid for LPD, page-31
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