trading halt, page-2

One can only speculate that it has something to do with the "underwritten" share issue @ 40 cents to cover help pay for recent acquisitions.
Some 32.57 million shares were due to be paid for last week. It seems one of the alleged underwriters is disputing obligation. There is around $13 million at stake.
NLG also have announced that they have received a summons (unrelated?) claiming at least $807,655.
Maybe the pending announcement will have something to do with money or maybe an opportunistic take over?

Any one know any thing ????