Delcath Systems Inc (DCTH)

[Tekterra]

One thing I do agree is like you said Gator, all options will be on the table.

But, keep in mind, this isn't some small stock that nobody cared about. We have tons of watchers and a lot of people professional and armatures alike holding what appears to be 500 million shares outstanding.

She would be very unwise to declare total war with shareholders, she's going to get law suites more than she can count. You can bet on that.

BK is the absolute last resort before refinancing, partnership deals or even a sell out.

She would be very unwise to go against the public in a BK and screw with the people that's voting NO right now. It's simply unwise to fight a ware against the general public. She's asking to get killed.

There are consequences in declaring BK and try to emerge out of it a new company.

Just put yourself in her shoes right now, and ask yourself if you'd even remotely considering filing for BK when you have other options on the table.