Quindell's buyers sue to reclaim every penny spent, page-101

McGrath Nicol report says that the fundamental business is in fair shape but the capital structure needs to be reset.

from it, we can deduce. The business is ok, not terminal. It makes enough to cover expenses, but not highly profitable. However, the size of the debts is a big problem.

Debt Debt Debt is the problem. If this can be fix. Slaters should be alright going forward.

D4E is a way out.. the million dollars question is, How much dilution? 50%, 70%, 80% or 90% ?