While I don't think 1.10 is a good price I think it will be a...

While I don't think 1.10 is a good price I think it will be a disaster if the deal falls thru.
The management and board have given up which is not the sort of small cap that makes a good investment.

As for China links, all the hardware suppliers have stuff coming out of China. I can't see it getting blocked over that.

Another bid is probably the best hope. If you cut the costs out of the company it would have several years of excellent cash flow from the existing contracts before lack of investment catches up. Slim chance but would love to be wrong.