If that's the strategy, then why try to sell Biozone now….why not wait to sell it? The BK strategy exists, but I don't think it applies to MP. A BK would come with many challenges and completely disrupt their turnaround.
All they need is ~$10m long-term loan and they'd be fine through this transition. Drexler would probably do that himself through Consac before declaring bankruptcy.
I think we get one more quarter of hurt before things start improving. I think revenue will actually be up this quarter vs. last quarter.