Assuming the bond holders dont pull the pin on the company for the possibly breach. Then we must wonder how long their cash is going to last if they cant make sales, even though they are targeting their cash burn they will possibly need to go back to market in about twelve months. The massive upside this company had is gradually being diluted away. Lets face it, not too many institutions or individuals are going to give up their money after the way they have had their capital devastated in the past. from a high of over $8 it fell to a low of 22c over a 97% loss. Good chance they will manage to loose the last three percent.
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