The thing is they send out mixed signals. They (or their brokers) did a ring around a few eeks back for a placement. So surely due diliegence has passed. But they seem to be using due diligence as an excuse for the long suspension.
No doubt their will be a deadline for both due diligence and for payment. If its a matter of timing SOCA will likely extend because they havent been talking with others.
But if its a ridiculous delay, then im sure other companies will step in.
90% seems optimistic to me and is complicating any funding attempts. Start small IMO, you can always buy more later either from SOCA or the eventual new owners.
Their must be a point when the amount raised to acquire the full 90% becomes self defeating for existing holders.
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
