Sorry to interject Viking, but that's precisely why the Lambert deal was held off. IMO, other institutionals want in, are willing to negotiate $, but need certain conditions met first. So, the company has to meet those criteria, in order to entertain offers again.
IMO,we know there are at least 2 major equity holders of the company (PWC and NIR/AJW funds). The AJW equity is just a pay-off to the liquidation and PwC is probably not a long term investor (not their gig). So, the desire to sell equity to a large institutional investor is there. Close the AJW liquidation and move to the next.
If I'm wrong, I'll reluctantly accept the beating...
EPGL
