Someone can correct me if I'm wrong but debunture holders only get their debts paid if the company sells which would be FA.
Sounds like HBG doesn't have any shareholders which sounds quite weird to me, so even if HBG was to sell, I have no idea who keeps the money.
One thing that befuddles me is, who benefits from WT doing good? You follow the money and it literally sounds like no one is benefitting from WT. No one has any incentive to put more money into it.
Why would HBG sell WT or their own company if no one is benefitting from it?
It's like a piece of land that holds value, but you can't build on it, borrow off it, sell it or use it. You can just tell your friends you own it so that you look good..