Toph,
Assuming the waiver is in place, that doesn't leave much room to survive to the next quarter assuming as capt pointed out that the BFS has indeed been a very expensive 'folder'.
Chris,
The alternative sources of funding one would guess will be to issue more shares either to shareholders or some corporate cash injection. I can't see them going to the bank for a loan.
I can't see any upside until they have sorted out near future funding. I am not down ramping, just wanting to understand the situation as I don't follow the posters comments much here.
Cheers,
up up & away today, page-12
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