new ann out, page-8

The trading halt can only last until Monday, at which time MHL will either relist or go into suspension(like last time).

You would think the news isnt total failure. If it were, it could easily be announced now IMO.

So you would think MHL have raised some funds and are now just finalising exactly what those funds can buy and how much needs to be put aside for working capital.

Hopefully SOCA are flexible. They are unlisted. Selling a large asset is difficult. It would be nice if they maintain anything not taken up by RRS and MHL. And give MHL an option to acquire the remaining amount at a predetermined price in the future.

Im sure once things get ramped up a bit, the value will increase and the cashflow increases. That makes another CR to exdisting holders or debt a possibllity.

SOCA need to be flexible and work with MHL.