Clear as mud. I still think the $8M is not 'real cash', rather it is an amount set as a value of the number of 'Series DD Convertible Preferred Stock' obtained by LAHO in this settlement.
It appears to me that LAHO SHs still get preferred shares that must be converted into common shares to obtain to obtain any 'cash' value after they 'sell' the common shares. NOT cash in hand.