So what happened to the Aug 4th put deadline?, page-10

A last resort they can do an equity raise for $100 million dollars.

400 million new shares at a generous 50% discount to the last trading 21 day vwap say 25c to raise $100 million plus current cash of around $20 million.

So $120 million pay this bloody put holder and interest payment and be left with a healthy $76 million cash balance.

This can buy them a lot of time without vultures circling and then look at options on quintis's terms.

They would raise $100 million easy.