Mordical - I don't think anyone would need to buy SQUM in the case of a bankruptcy. One would only have to buy the rights to the technology from the lienholders and farm the manufacturing out to someone else.
In all honestry, as bad as I think SQUM looks, they have made it this far with pretty poor operating results. The CKYS orders should improve their results going forward.
I would guess most of the long-term debt will be renegotiated before year-end.
"This is the business we have chosen." - Hyman Roth
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.