If the management can pull a rabbit out of a hat and come up with an idea that will INNOVATE past the current standard of e-books that will return the business to profitability the lenders will buy it. IMO its senseless for them to try and save the company with an e-reader though because they are so far behind + short on capital.
Sort of like when coffee shops were brought into the store, that kind of innovation.
Just IMO because if I was a creditor I would be afraid of the long term viability to make my money back if I give them more so I may force bankruptcy.