Ann: Request for Extension of Voluntary Suspension, page-7

Until they get production and sales up to a level that covers operating costs at a minimum, with sufficient margins growing in a positive trend, STA will remain in suspension. The situation remains as we interpreted for a long time now... creditors sweating bullets that Coburn may never solve their myriad of production and quality issues so long swept under the carpet, creditors prepared not to pull the rug and crystalise losses so long as potential rectification is possible, but brokers and potential equity investors refuse to tip in more equity creditors are looking for because the risk of catastrophic losses remain too high for any potential reward...

One assumes production and cashflow is still woefully inadequate to reach an agreement that satisfies everybody, and March 15 suggests they are still nowhere close sorry to say. Love to see a new Top 20 and see who got out before suspension?