I don't know about you guys but KRY has always made payment to the bond holders. With some cash due and if things progress quickly, if I am the guy holding the note, I would entertain an extension. So long as they keep up with the interest payments, why not.
So much talk has been we need to pay up the 100M by December. Terms or notes are always extended in business due to unforseen circumstances.
Why has no one mention that. That would only require a bit more cash to see us through, especially if our burn rate gets reduced considerably.
Certainly would not need 1B share dillution.
JMHO