that's not true at all.Please refer to my first para from post...

that's not true at all.

Please refer to my first para from post dated 13/04/10 19:17 states the reasoning for my opinion quite clearly.

Furthermore,imo,no other financial institution would touch mae as it stands.Why do you believe they have not refinanced with another financial institution if that was available to them.Because wherever they would go, they would be considered high risk and no one would provide better terms.To support mae you would need to know it's past as the balance sheet alone would not be enough.As it stands,to receive cont. financial support from existing financiers is an endorsment.

The above is my reasoning.

Can you please explain how mae is worth $160million as it stands with current production bc I can't.

Just my opinion