I'm in camp, there won't be an administration or receivership . the Collin street fund will do a restructure deal with him and appoint new directors. loan to own. control majority and get back on track I assume. hope is while us shareholders will be squashed down to cents in dollar , might be better then zero .
but keep bm as the hand puppet with the hand fully inserted with all fingers fully wiggable.
either that or merger deal with another player who does a reverse take over of which again we get valued at cents in dollar..
my guess . dyor
TBA Price at posting:
2.6¢ Sentiment: None Disclosure: Held