I don't disagree with what they hope to get out of this. I simply expect that in the end they will end us selling themselves along with the plant to someone as I cannot see them selling the plant for $45-50M plus a service contract which is what they will need to continue as a stand-alone business. At that point this will turn into a simple liquidation which removes some of the long term upside but for traders it may be better in the short term.
I thought the NY plant was finished and fully operational over 6 months ago. What is this you keep saying about finishing the plant? They PR'd full scale operation at least 6 months ago.