RE: Cash There is no cash left from the new issuance from the new bonds, 7,5million dollars the money from the bonds is to cover interest, expenses of the bond holders for legal advice, and other restructuring charges. What CMK got is a lease of life for 4 months in order to carry out a "transanction" meaning, sale, jv, off take agreement, or some other action as specified by the Marret Restructuring Plan. If such a transanction does not take place, then the "Plan" kicks into gear and a massive dilution takes place. CMK must pay 25 million dollars to the bond holders with shares at. 0.16/share. This is the sledge hammer option of the bond holders. They will not even value the shares at 10 cents. This is the " take no prisoners" option. At the same time Bates is rejoicing at the deal... go figure, but did he have any other option. Let us hope he will resolve this problem ex machina deus before mayhem kicks in.