msc health

The $16m of debentures to be redeemed 30/9/09 should be rolled over easily since by then they would have delivered product and probably received further orders. With respect to the $1.6m sales order, MSC can go to the bank and get a loan based on that order. So they are not desparate financially anymore. The real key will be when MSC announces new sales orders. Until then the sp will probably drift along at 0.6c, or until the pikers are all taken out.