Basic Energy Services Inc. (fka BASXQ)

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I like your simplicity and my gut says you are correct. They seem to be signaling that they are about to hand the whole company over to Ascribe. Sad story with activity outlook picking up and their W TX water disposal business had real value. If they, management, were aligned with shareholder value instead of being in survivor mode they would have sold some components of the water disposal business to make payment and live to fight another day. I'm still holding a few to see if they can pull off a hail mary but I've written it off as I think the writing is on the wall.