Ann: Management and Corporate Restructure , page-32

bluebottle, you are the one who invested in VIL based upon projects that you knew about. And then, presumably new ones which you didn't know about but which the directors found subsequent to your purchase. Which have all failed - such is life. What the new people are doing is GIVING you a lifeline. Free of charge. The alternative is bankruptcy. I can't see how that makes them cold-blooded and very greedy. They will be looking at new projects with all the risks associated with them.

All you are demanding is that they give you some more. If this deal doesn't go through you'll be left with worthless shares and no hope. The alternative is some value and some hope, with fresh funding coming in.

ABR and SIR are classic examples of what could happen. Keep your fingers crossed.