If I recall correctly a mortgage over FAS assts is one of the...

If I recall correctly a mortgage over FAS assts is one of the conditions to the $10m convertible notes. If the title to the assets is in doubt or could be lost due to multiple plaints this not at all good, in my opinion why would one want a mortgage over something that could be lost? with multiple plaints the legal expenses for FAS are going to be significant let's hope the convertible note financiers are willing to take on significant extra risk. If I was in thier shoes and they liked the assets I would consider talking to the Plainters !!!