What it means?
Either they close the shop, not likely right now imo because it involves a lot of risk for them
or they use the so-called restructuring for some creative next round of dilution, very likely!
But, for sure they won't be able to sell the current way of operation and dilution to anyone any further. Let's see, whatever Paulie does, big apple has to spin it and this can't be good.
The good part, imo, not even toxic financing is currently possible. Who would finance them at this level of dilution and zero possibility to sell debentures to anyone?
Paul must show some meat or the game is over or he has to stage a new excitement with the next fluff to gain some time.
Btw. It would be nice if those internal network problems could be solved latest after the close.
After this ridiculous excuse one should expect the financials on time and not in the last second but credibility and this company is anything but comparable.
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