I agree, given recent discussions, it is likely to be the debt...

I agree, given recent discussions, it is likely to be the debt facility. However his board may elect to do a CR as a complement to the debt facility. There is still a risk of a CR is all I am saying but hopefully it is the debt facility.

Cash flow is pivotal fat the moment and if I was in his shoes I would ensure (by whichever means possible) that I had as much cash lined as possible for the largest operating quarter of the year. A number of people on HC have estimated that a $15M debt facility would be nice but smaller amount will be adequate. Whatever the number is, even if it is half, it is a positive step forward.

If all goes well with this announcement then we can look forward to a couple more positive announcements.

1. Debt Facility Announcement
2. Sept Month Revenue (might be lumped with the 4C)
3. Q3 Aug-Sept 4C
4. Oct numbers - I expect these to be huge compared to say June
5. Nov numbers - I expect these to be huge compared to say June
6. Jan 2020 - Q4 2019 4C.. This should get a massive boost of confidence for all LT holders and confirm how the company benefitted from the debt facility, along with consistently showing 3 Qtrs of revenue growth