RE:Financials PostedThese numbers are as at Dec so with zero revenue and no other liquid assets it would be safe to assume they are currently in severe financial distress.
With so many loans and notes due this year, chapter 11 is possible and a distressed sale of capital assets is possible.
Lastely the state of mismanagement and the financials no one wants to pour more money into this and risk getting taken to the cleaners thus the ongoing financiars turndown.
These guys are the worst I have seen.