Other than PP money and loans from BOD's who get 10% and most likely collateral for the loan, with no other lender as far as I can see is willing to give money with were the PPS is at. .0003x45% discount =.000135 they could sell down to.
Were will the money come from???
If they had a higher PPS the lenders would feel more comfortable lending the money.
This is just the way I see it and hope to be wrong by not understanding how this all works.
Maybe PP and loan money is all we need, however we needed the lenders before.