wild guess., page-5

Their is no reason to "guess" that outcome.

The three immediate outcomes are :
(1) pull out of Trinidad acquisition.
(2) go ahead but with less than 90%
(3) go the full 90%

If option (1) happens, they have about $800k cash. That equates to 1qtr cash burn. MHL survive until early new year by which time they have secured more capital via equity or debt. Hopefully news on Fury, etc.

If (2) or (3) happens then obviously the company survives but in a completely different form. The market cap would go from lowly $16mil to above $100mil.

But at what cost? How much debt? How many new shares etc.

Either way i dont see administration as an option.

Its been 1week. Thats nothing in a recap this size.