They will just offer 40% of the company to the creditors ? Sorry too many Creditor, currently Debt (inclduing Creditor) is more than 200% than its market value of the company. BDR owes MACA almost 65 Million plus 100s of other creditor, forgot to mention secured creditor.
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Plus unfinished Plant Upgrade, those guys also need to be paid.
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Soon BDR needs another Capital Riasing to finish the Plant Upgrade
Party Over, page-23
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