Andrewss, i get your point, its like they keep going "look...

Andrewss, i get your point, its like they keep going "look escaped goat!" when it comes to finance. Now if we have receiver offers of finance, what exactly does that mean? My understanding is that it would then be just coming to terms agreeable for the finance. Even at 15% interest it would be $11million a year interest in $161million, which at a IO price of $120 would bring spare cash down to $60million/yr. To me that would still make sense.

And on your point of this being a $20 million dollar company, i suppose the SP and therefore MC are victims of how illiquid this stock is. If someone sold this share off to 1c would the company really be worth $700k??