... in the 8-K that they can service the debt and still have free cash flow, as long as they are left alone for 90-120 days, in order to stabilize the corporate framework and see the results of cutting the deadwood out of the structure.
I was impressed with the warnings. They didn't look like boilerplate, so much as a sincere statement from a new management team indicating that they don't have a complete handle on the size of the problem, but believe the corporate cashflow/assets can support and grow it ...