Yes.It could definitely be a good EOY. Particularly, because they seem to be going out of their way to say as little as they possibly can in this release by simply referencing prior disclosures and then saying they won't comment further at this time.
I re-read their prior disclosure in the 3d quarter financials which said the Prom Note maturity date would only be extended "in the event that the Company enters into a term sheet providing for..."
So, to me, this new disclosure saying the date was extended "in accordance with" the prior disclosure seems to indicate that the Board has already signed a Term Sheet.
The further indication that they won't say anything else until they think its appropriate or legally required I take as just a way of trying not to let the cat out of the bag - perhaps to keep the stock price from spiking before a deal is closed. All IMO.
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