if we hear nothing by friday, page-5

In my experience if all options had been exhausted and no extention terms had been agreed too. We would have heard about it now and the shares would be placed into trading halt.

Any agreed new lending agreement would take at least 2 months to be put in place. So really short term extension is the only possible solution at this late date. With the CMBS debt last year we saw 3 short term extensions.

3 months would be the maximum I would think for a short term extension as then lenders would like to keep their options open.