Looking at balance sheets of both LOK and UBS, its not a pretty sight.

Current assets to liabilities is not healthy, and the increase in liabilities if they are short term loans from major shareholders are less scary.

Seems at the current burn rate, there is about 4-5 qtrs of cash left ... all things being equal.

Based on the financials .... things look very bad.

Its a high risk investment with potentially large payoff. How large remains to be seen ...

I'll take the risk, but will keep my eyes open for opportunities that can make some money?

Other thoughts on my F/S analysis?

Orgy