My point was simple. It's obvious that they need cash like you and I need blood. I know this because they basically just sold their company to someone, who in reality, does not have two nickels to rub together. This is act of a desperate management team. If they have some type of viable technology, which we will call an "asset", and they cannot pay their bills for research and employees, what other choice to they have? New money is not going to come in and bail out old money and it appears that old money is through with its support. A chapter 11 would get rid of all common stock shareholders, move the current debt into a common stock position and new money into first position. It happens all the time, especially if the company has some viability with its technology. All that really matters here is that Vista will not be getting any money on April 30th, or any other date from BGMO and their mythical affiliates.
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