April 30, 2013 is not the dead line for Cline. It will be February 28, 2013 if Cline has not received a letter of intent by February 28, 2013:

"the Marret Plan will be implemented on the earliest of (i) March 10, 2013, if by February 28, 2013 Cline has not received a letter of intent by February 28, 2013 with respect to a Cline Transaction, (ii) April 10, 2013, if by March 31, 2013 Cline has not entered into a binding agreement to implement a Cline Transaction, or (iii) May 10, 2013, if by April 30, 2013 Cline has not implemented a transaction to effect a Cline Transaction; and ..."

 

Cline don't have a lot of time ...