It does not matter why they are holding... they are in a hole right now.
and It is mho that the chances of a miracle being pulled off? slim to nil.
I think they are going to have to meet requirements that the management is not prepared to meet... and telling the SEC "call me if you want details" will not fly.
“Those who don't know history are destined to repeat it.” Edmund Burke (British Statesman and Philosopher0, 1729-1797 "Those that do know history can choose to repeat it." frankie_fillet (Slag for the man} 2011