is this downramping?

For those who may not have read the recent announcements

Item 8.01. Other Events. Update on the Company’s Liquidity As of October 13, 2015, the Company’s cash balance was approximately $5.9 million, including restricted cash of $2.1 million. Additional funding under the Amended Credit Agreement alone will not provide the Company with sufficient liquidity to fund the Company’s operations through December 31, 2015. Nor can we provide assurance that such additional funding combined with existing cash and cash equivalents, restricted cash, additional proceeds under our Equity Purchase Agreement with Lincoln Park Capital Fund, LLC and our Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co., anticipated cash to be generated from existing customer agreements and the impact of expense reductions, including the initiatives described under Item 2.03 of this Form 8-K, along with any additional sources of financing, will provide us with sufficient ongoing liquidity. We do not have any guaranteed sources of financing; there can be no assurance that cash from the Amended Credit Agreement, customer agreements or proceeds from the Equity Purchase Agreement or the Controlled Equity Offering Sales Agreement will be available when needed, as such sources of liquidity are not entirely within our control. If we are unable to obtain additional financing or engage in a strategic transaction on acceptable terms and when needed, we may default under one or more of our debt obligations. A breach of any of the covenants related to our debt instruments could result in a higher rate of interest to be paid or the lenders could elect to declare all amounts outstanding under the applicable agreements to be immediately due and payable. If the lenders were to make such a demand for repayment, we would be unable to pay the obligations as we do not have existing facilities or sufficient cash on hand to satisfy these obligations. These factors, and the factors described above, continue to raise substantial doubt about our ability to continue as a going concern.