I am amazed they have past due post-petition payables, over $700k. Can't tell how much is for Alliacense, but to go past due in payables after filing is rather unbelievable. If you don't have enough cash flow + DIP to make it through without piling on further damage, then the game should be shut down. If it is all for a related entity (Alliacense) then perhaps that's why this has been allowed to continue for as long as it has.

If we do not emerge from this situation with a majority position in the MMP, or with a new, deep-pockets co-owner (TPL's half), then we will have missed the best and only chance we have to turn this ship around.