Delcath Systems Inc (DCTH)

[Tekterra]

Yes, we're basically focused on the funding issue right now. They have said nothing on what they are going to do to fix the funding issue after a no vote.

So if they can't RS and can't get new source of funding, their only option is to sell or declare BK.

Deficit doesn't matter but current debt does. Don't confuse that. Deficit is what they have spent over the years versus what they made as revenue income.

But the 15 million on liability, the current debt they are obligated to pay that off if they go BK. Anything left over would go to common share holders.

Do you really think Delcath would be sold for 20 million just to satisfy the debt?

EU operations is worth far more than 20 million.