A blizzard of dilution from a much needed capital raiseis a likely outcome. Given the 3.5 billion US or 4.6 billion cdn in debt isn't manageable, management will likely choose to save their jobs or at least tread water with a desperate cap raise with the buyers of such an issue demanding extremely favorable terms as they have them by their short hairs. Given the tiny market cap compared to funds that need to be raised, they can easily have a tripling of the shares outstanding. Do the math on even a 1.3 billion cdn cap raise which would shave a measly 25% of the debt.