Novus enters JV with Mahiki entrepreneurs

http://www.morningadvertiser.co.uk/news.ma/ViewArticle?R=84230

This SOUNDS like good news but 'HELLO'. Don't banks only ever take on equity when a business is in a terrible state of decline and there's too much tied up for them to dare draw in loans and lines of credit?

How many people really WANT to pretend they're on holiday in Polynesia and then come back down to earth in the cold drizzle of central London? Kanaloa sounds a lot too much like canola - rape seed oil - for it to be much more than a slippery flash in the pan.