Why discount MMR they are doing the leg work. If they can move the pps north I am fine with that. As a shell I see some marketable features so if some Chinese company wants to pay north of a penny for the shell what the hell. I know Phoenix is a very sought after name in China, that's my thinking. As for all the bk rigmarole, that was a clever way for the mgt to get out of the picture with their responsibilities to their creditors, I still thank my lucky stars I never fell for their preferred bull crap. Your plan is interesting and if it works it would be the third time Phoenix has emerged from the ashes of the triple zzzzzs. Third time's a charm.
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