MGTY....the 'bridge financing' quote you mention...is that recent, or is that from weeks/months ago? If it is recent, then the closing of India operation makes no sense. If it is an old quote, then it is irrelvant now, because wasn't that capital provided a while ago, and now, gone?
Only potential for keeping WRSPQ intact, absent an operating India service, might be to preserve the NOLs. I hope that's the case.