Ann: Change in substantial holding, page-30

The key question is what do the creditors want? Do they force a dilutionary event by converting to equity and if so how big? Do they force a sales of assets to get back their funds or is say a 3rd party finance found? Or any combination of the above; or uhm obviously actual windup of operations as endgame too if none of the above result in anything but that doesn't actually help the creditors so that's an option that's not actually desirable for the creditors.

This snippet is interesting, on that basis assets outweigh liabilities currently, time will tell. Time to be patient as there are no other options, really.

"Company listed assets of as much as $100 million and liabilities of as much as $50 million in its bankruptcy petition":
https://news.bloomberglaw.com/bankruptcy-law/allegiance-coal-usa-files-for-chapter-11-bankruptcy-in-delaware