First that is an old number it's probably over $300 million now, second they just issued 60 million more shares which does count as debt and they put out a PR stating they had a new $15 million credit line form good ole Johnny!
How much more money do they get and yeah I'm saying this company is not and never should have been worth anywhere near $500 million...
By the end of the year I would bet a lot of money that the stock will be delisted from the Nasdaq and will be trading around .10...