More reasons a deal likely:
IMO Hercules holds all the cards on a deal getting done (and I doubt this is by accident). First of all, it is possible that Hercules has already been paid off....
Assuming they have not been paid off yet though my thinking is that up until such time as loan is paid off Hercules can give conditions on early repayment. The extent of possible conditions is up to debate.
Can Hercules negotiate with an industry player, who is a suitor, on the one hand and AMDA on the other hand? In other words allow a sale (by clearing their loan M&A restriction) but only to a certain suitor (directing the sale to a party).
You can see that Hercules looses all this control in 5 months, if they do not negotiate something beforehand. Also with 5 months on the clock, and how long deals take to negotiate the clock is running out...Also a suitor sitting quietly on the sidelines knows that after 5 months it will be world wide competition for AMDA ... including Japan, China , Europe and offshore all entering the fray...
I doubt any ortho industry companies, who know about amda tech, wants amda to be free of the Hercules restrictive M&A terms....there is too much uncertainty then for them... IMO all this points to a deal being done soon IMO...
JMHO but a R/S or even OTC downgrade means zero fundamentally with amda... other than the shorts will take advantage to shake investors hard...
