It appears in the pre 14C that sabby (2 funds) own 33.3 Million shares of common stock.. that's also the figure in the 10-K. At today's price that's 149K. On the most recent 10-k balance sheet the debenture liability is 2.6 million. So they are owed 2.6 million and have stock that's worth 149K .. study those numbers hard and ask yourself how they are going to walk away with all the money.