They have already pledged everything from the domains to the trademarks to the mints in the urinal. The stock price is too low to issue more toxic debt. And nobody... NOBODY... Is going to buy an empty bag of toxic debt.
The facts that the dumping of the shares has not put a dent in paying the debts is exactly why this is stuck. All you have to hang onto is "maybe" and hoping there is a deal but nothing has been done. All while shares are still being dumped. The intention of this is to dump the shares to get paid and like rut said, shirt them. Double whammy. So if anyone has a problem with shorts go talk to the lenders.