We are looking at two options. The liquidation of assets thru shady means in order to keep salaries going a few more months. Or confidence that the company can pay off prior to November. Coin flip. Somebody buy DCTH so I can move on....
“The voluntarily prepayment of the Notes is permitted, without penalty, upon prior notice to the Purchasers. The Company is required to prepay the Notes with the net proceeds received by the Company from any sale of material assets or the consummation of any offering of equity or debt. The Company must prepay the Notes in full in the event that the Company is a party to certain change in control transactions or receives net proceeds of at least $10 million in an offering of equity or debt.
For so long as any Note remains outstanding, the Company is prohibited from effecting, or entering into an agreement to effect, certain issuances or sales of debt or equity securities of the Company.
In addition to the foregoing, the Securities Purchase Agreement contains customary representations, warranties and covenants, as well as events of default customary for transactions of this type.”
News 
Market Data 
Discover 
