I'm afraid I don't know the answer to your drop dead date.

As I understand it the $100 million bond loan has to be paid by the end of December and KRY doesn't have the money to pay off that debt.

It's doubtful the holders of that bond are willing to just accept another interest payment in December since their relationship with KRY management sucks. (as evidence: their lawsuit against KRY and the fact that I was told by KRY management that KRY hasn't had any conversations with those bondholders in many months. Quote: "We're not talking to them and they are not talking to us".)

But, in the krazy world of KRY I guess anything is possible.

If KRY can't raise new money I'm assuming KRY will file for bankruptcy and the bond holders, as creditors, will divvy up any assets they can find and the regular shareholders get screwed.

But we're used to that.......aren't we?

I'd love a dollar a share but the market doesn't seem to be telling me I'm going to get it.

Cividale