looks like theyve hit oil, page-31

My broker tells me they are tryin to raise some emergency cash thru some kinda debt-equity instrument, but there are few takers. Would YOU do it, knowing that half of the funds raised is prob gonna end up payin for fancy offices, useless minions and round the world jollies?
I'm told these jokers have been trying to raise money for many months! If management can't raise a single cent, can't make a single cent, and has spent all the cents entrusted to them, then what good are they?
We need a big new broom to sweep up the mess these guys have created!