You know I respect the hell out of your posts, but Red has a valid point and look at your last sentence:
Usually Kang would just roll over previous debt and only add 20 percent for working capital...
Is Kang here or isn't he here? The guy's a convicted felon. Their colors don't change. Is he still pulling strings or isn't he? If he is, then it may be status quo. If he's not, then we need to let Kang and his ways at least be put up on the shelf to provide the benefit of the doubt for the next 6-9 months. And please know this is coming from a very big cynic.
Again, I get the historical repeats and I wasn't privy to all of it and didn't endure it, but I have read enough of those cases to see how despicable and disgusting they are. They were, and ARE, abhorrent creatures. However, I also see Visser here and I see Schulte here. Schulte isn't big on putting forth guys looking to rape and pillage for 12 mill and I would hope Visser isn't of their ilk either. If it doesn't happen within the year, it's NOT happening. That's really my point, I guess - not jumping for joy and not tossing in the towel - just saying all the pieces are now in place that if they fail to execute within the year, IMHO, it will NEVER happen. And, yes, I'm printing this out to hang on my desk as a reminder for 7/2/13.
Watts, I have been wrong a sheetload of times about a lot, but for myself, personally, I have been able to read a lot of things here that have come to "fruition" (FWTW, so far, and not a lot); all, of course, because of information you've provided as well as a lot of great info from great minds of others, but there's always the win the small battles and losing the war means you've really lost. So, only time will tell. I think I'm just being a "realist" right now; not someone measured in absurdity - "Show me the heart unfettered by foolish dreams and I'll show you a happy man." lol.
Warren Buffett spent eight years working with it before discarding it as worthless. What investment strategy is that? Technical analysis - aka CHARTS