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Re: willlbone post# 833

Wednesday, 06/29/2016 4:56:44 PM

Wednesday, June 29, 2016 4:56:44 PM

Post# of 966
There can be no assurances that the Company will be able to obtain the necessary bridge financing or project financing on acceptable terms or at all. Failure to secure bridge financing and/or project financing may result in the Company taking various steps aimed at maximizing shareholder value, including suspending or terminating the development of the seafloor production system and the Solwara 1 Project, and engaging in various transactions including, without limitation, asset sales, joint ventures and capital restructurings. The Company's independent directors will be looking to engage a financial advisor to assist them in this process.



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