I think Smithline would give Moro an extension under the same terms he did last time. Any money Smithline gets would be money that he might not otherwise receive. Moro may have asked that more terms be changed but investors don't know what has gone on. If possible investors want to look at the terms that have been negotiated so far for a couple of weeks, why would Smithline object. If the investors come back with proposals that Smithline doesn't like, then that might be the end. Who knows what will happen. It is only a couple more weeks.
It also gives Moro's employees more time to sell their shares.
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