Question was asked about going past dead dates The company has the choice of disclosing this but technically doesn't really have to if they dont want to as it is an internal business arrangement. If the dead date (say October 1st) lands on a weekend, and they plan on releasing information, they can choose between Friday or the next business day after a Holiday or weekend.
The dead date also becomes a dead date when one of the parties involves presses for it. In this scenario, I wasn't too worried because this site was sitting for quite some time prior to FTs interest and will more then likely continue to sit. There often isn't a lot of competition for a site such as this for the uses that you can use it for. not saying it is immune to a buyer, but I didnt see a bidding war prior FTs decision to go for it.
This goes the same for the debt. Debt only becomes due when the party owed decides to call it in. If there is no call, then the debt continues its original agreement until such a time a new agreement is set (such as an extension) or its called.
I hope that helps some folks, not all is doom and gloom when dates come a knocking
Good luck to longs