I would say Havelock is the one of the highest risks to the success of AM. AM is completely dependant on havelock to determine current market price. It's a very risky situation for us shareholders to to be in and a very powerful one for the admins of havelock.

Board members need to push for change. In the end moving to counterparty/alternative would reduce admin - shareholders could also sleep at night knowing their shares are cryptographically embedded into the blockchain.