You describe a dark but realistic outlook if the NWBO management chooses to not to select one of the dozens of white knight investors and or refuses to collect on an upfront payment of royalties from for ex. Asian BP and or well etc. NWBO after June 5 has plenty of options to restructure its diar financial position. If it chooses the most simple solution for which no effort is needed: dilution at 10 cents as you say. Then it has zero creativity in the post-June 5 reality...