Thursday, November 12, 2015 8:36:11 PM
The fear and loss of share price is due to the possibility that the "white knight" you speak of will demand that our shares be cancelled and new shares be issued to secure the loan.
Conversely, it is possible that the board will turn to the existing shareholders for additional capital to pay off the debts and cover the cost of the EPC.
I'm still confident that Carlos and the Board members will recognize the value of getting the much-needed new financing from us instead of a new source.
Let's hope that they are investigating the merits of a "Rights Offering."
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