The future of BUD, page-16

I don't have insight into the timing of an announcement from the receivers. If I were FTI, I'd be dragging it out as long as I could to collect $$ fees.

All I can say to shareholders is like it or not, DM is your best friend right now. Ideally, you want the BUD board to come up with a refinancing package and regain control of the company. That, together with any further injection of capital would be a good outcome.

Whether or not that becomes a reality is far from certain.

The receivers have a duty to accept the best bid for the assets of the company. By the looks of things, external bidders for LIFX have submitted extremely low offers and won't be successful.