It appears that they are left to ethier continue dilution to survive, or enter a merger/buyout to sustain their financial condition "until" their buisness model becomes profitable. Otherwise Chpt 11 is within close proximity.
So would a potential buyer buy pre-bankruptcy or during bankruptcy?
NO ONE KNOWS WHAT TOMORROW WILL BRING, FOR IF WE DID WE CERTAINLY WOULDNT BE DOWN HERE IN PENNY LAND POSTING MESSAGES ON IHUB!