when ever mgt puts up there own money it means good things are coming , this will help to get better financing and we dont know who the other loaner is ????
Option 2 would not be a betrayal since, absent news any financing would be toxic. The funding was provided to avoid insolvency and was not a promise of no more dilution.
China, I think u nailed it. Just some positive news to soften the blow before a R/S and/or more dilution to follow SOON. My prediction is this happens within the next 3 weeks. Sad !!!!