They are in default right now. However, I think they have enough cash to replenish their reserve and make the interest payment which is due on February 15th. This will hopefully be part of the pr on Monday afternoon. If so, the pps should act accordingly and pop.
hope you were able to get in to ELTP. Monday the 14th got the ball rolling, and we've never looked back. best of luck to you my friend. ELTP cannot be stopped.