CEDC board finally is handing over control to Roust Trading in exchange for nothing. The March 2013 bonds aren't adressed quite contrary to former agreements. Even worse Roust Trading won't pay for the bonds maturing in March. This is a real nightmare for common shareholders as CEDC will definitely restructure in court with common shareholders getting wiiped out. As Roust already has control they don't need to buy out anyone. Tariko is a real smartass. Congrats.