the company is floating on DIP financing at this point. and its maturing July 14th.

unless there is a miracle turn-around over the next 6 months the company will not have enough money to pay back the DIP and exit bankruptcy. this is a problem because DIP financing takes super priority.

from prior experience, when management pilots starts leaving the end is near.....

also not getting the full trench of DIP financing during the last scare doesn't make me fell all warm and fuzzy.