Guided recorded revenue for the four units -- they didn't just give them to SMI for free. So what fund got "squandered?"
SMI is still under contract to TRY, for six more months -- Guided would have to pay penalties to cancel that contract now. Guided didn't extend the contract again -- they extended it quite some time ago and must still honor that extension.
Meanwhile, the new 8-k implies that Guided is anticipating SMI's failure and possibly planning to switch responsibilities back to Shenghuo when SMI's contract expires in six months.
Besides -- China Hype is China Hype. Doesn't matter wither it's SMI or Shenghuo -- neither one will likely ever get CFDA approval anyway. I've learned not to believe anything about China Hype.
So I don't see the negatives here. No sir, I really don't.
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