RE:... one small point...Where did you get that idea? Nordex had real assets , real equity and was never anywhere close to troubles in the last decade or so. The book value was floating aroung 40 cents, was solid, and there was not even a remote possibility of it going to the receivership. The book value was actually probably a little understated as the Melba property was carried on the books at next to nothing. Same thing about the land they owned. The bulk plant appeared to be in fairly good shape, they were making product without any major interruption. The original raising of the capital by the previous board was for a specific purpose fof having modern production fo Johnex products.