I think we may see a bankruptcy filing by end of the year. The death spirals won't fund if retail stops buying as it looks like they have.
The only way the company can get out of the crushing debt is to file and wipe it out.
Of course that will wipe out the common shares also.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson