Pramana is a private company capitalised at $2 with 2 recent...

Pramana is a private company capitalised at $2 with 2 recent unsatisfied court judgements for $200,000 against its sole director.
As for the $150 mill, well given the above a debt facility for $150 dollars would surprise let alone any pie in the sky that the current board dreams up..

I think that concentrating on paying the current debts of the company first would be more pressing than arranging a debt facility that would not stand upto economics anyway.

Maybe the focus is on taking fees and commissions from a debt facility and the bigger the number the bigger the fee..

IMO DYOR