Mary: I didn't hear anything about the loan going into default or the expected need for additional financing at all. However, that is their usual MO anyway - to keep those things a secret until the SEC filings come out. No one can rely on the webcasts to give candid and thorough updates on the status of the business. IMO, they are almost entirely for hype.
What really bothers me is that they repeat questions that they already answered in the business discussions. If something was already covered, the question does not need to be read and answered again - it's a waste of time.