lets highly support the restructure and recap, page-4

rjm and mymom - deep down I agree with you both, I really do and I am very angry as well and Yes if ever I run into Christian Lange he will get a mouth full from me as well. I also wonder if the Qatar Contract for $150 Million really happened. Did he just make that one up to keep the market interested in Neptune because it was those two comments on BRR that kept me going with Neptune. He seemed so convinced Neptune was in with a good chance of winning the contract. I guess with this particular post I am trying to see the positive side of what has happened in the last few weeks. Neptune has some very good assets and I think with there debt levels they should not have to be in a hurry to sell so they should get a decent price. If they sell one ship and some other assets (maybe STS) they might be able to pay down all debt eventually and the raising will be minimal and at a better price. I think the raising price will be determined by what they decide to sell and keep. If investors like the restructure they should support a higher cap raising price IMO.