Plane maker Emivest's assets set to be bought - San Antonio Express-News
Metalcraft Technologies, Inc.
Emivest sale pending final court approval - with over 700 million dollars spent on development - the final offer for the assets is less than 5 million dollars.
The prospective buyer is in fact the company that built tail components for the SJ-30 and most like owed a lot of money - it appears the company may be purchased to sell off the assets - which would mean the end of a dream?
Don't know what happened to the Chinese bid - they are currently awaiting Government approvals for their purchase of Cirrus.