Let's Think this through - Procedure25 May 2021 22:58
So this SoA failed, judge didn't accept it.
If Amigo is now working (as we hope) or another SoA or an amendment according to FCA's and Judge's wishes/suggestions, how would this be presented? Would this require another court date, which could be months away, or could this just be presented, judge looks it over, FCA looks it over, both give the green light and off we go? (I don't know the legal procedure in this, never been in such a situation - thank Goodness :-) )
If this would take another few months, what would that do to Amigo's financial situation? Can they sustain themselves for so long without being able to lend and only relying on what comes through payback now?
Judge and FCA mentioned that shareholders don't bleed enough. Many mentioned dilution of shares. What would this look like? (Never been in that situation either)
The fact that Evil Knievel has topped up, does install some positivity in me, but on the other hand... if he loses his investment, it probably won't have an impact on him. If we do and especially Vinson, that'll hurt badly, depending on how much we are or thinking of investing/re-investing.
Last but not least: Trolls... go off! :-) Suck your thumbs or the corner of your cuddle rag if that makes feel more secure and make sure you don't wet your beds every night ;-)