RE: Glaring Question - amp7Can’t argue with your point of view. Certainly as valid as mine or anyone else’s at this time. I’m angry as well and I agree, the possibility of SP going to zero is real. They will certainly need cash going forward and no guarantee they will find it.
Nevertheless, I remain of the opinion that Hoie would not have invested $20 million without assessing MPH’s residual value as significantly higher than $20 million if MC1 missed. As to MPH’s plan B if they ever had one, I’m not certain it’s relevant. It may be Hoie’s plan B that is being implemented behind the scenes.
Just not prepared to throw in the towel before seeing plan B, whatever it is.