Yes, typecheck, it's near worthless, but at least it doesn't tell you the CEO recently put gobs of cash into the company in return for common stock! Is a financing imminent - well, it is about time!
I did like the news article Brentie posted, as it told of a sale of an asset by Mann, which at least makes a further loan from him to the company more likely than without that "liquidity event."
I get a kick out of that term sometimes used by financial planners - I used to think it was something for which one relies on Depends!