bridging loan, page-5

DB has secured the b. loan by forcing the $0.08 pricing ... the 8mil min target is likely committed by someone.

DB is riskfree with this bridge loan. I would not inteprete it as a sign of confidence.

I would rather consider it as a final proof of extreme weakness.

I doubt this management will aver be able to maximise shareholders value. Infact, I feel as it being the major reason for value destruction.

I believe that in case of rights issue unsuccesful, liquidation value will be higher ie a better scenario - if not best case scenario - for current shareholders.