dissapointing news. SOCA is dead.
That said it might not all be bad news, seems cape Lambart still want to stay involved and this deal seesm to result in the exit current MD Joe Rostenburg.
Might actually be better in long term if Tony Sage and his crew takes more and more of a position and cntrol.
He is already in for $2 million and is now stumping up another $500K
