You dont have to be a genius to figure out a deal is being finalized. As that is what PWC said when asking to extend the stay . And yes it will be a sale of the ASSETS But the nols will stay with the empty shell you own shares in . As the company is not an ASSET
This is encouraging: "It is my belief that a deal for the purchase of all of the assets – including the plant, proprietary info, patents, NOLs, customer base, etc. is being finalized with one of the strategic bidders."