In my view there are probably 3 "horses" in the field: 1....

In my view there are probably 3 "horses" in the field:

1. Guggenheim have relaxed loan relaxing certain covenants until end of Q1 2015. Odds: $10.00

2. RFE has successfully negotiated a new loan facility that will pay Guggenheim loan and will give the company working capital to pick up operations in 2015. Odds: $50.00

3. Guggenheim have given RFE 30 days to rectify breaches of loan covenants, or else.. Odds $1.20

Given that POO continues to tumble, the $1.20 on horse 3 looks a good bet unfortunately. I hope I am wrong. Anyone have a different take?