David,
I know you and a lot of folks here don't want to hear it, but yes - bankrupt. INPR may not even know it yet, but when your liabilities are far in excess of your assets, you are insolvent. That is to say, bankrupt. I'm surprised at your assumption that there will be 45M in revenue coming in like always. David, the CEO is GONE! The CFO is GONE! Even Chainsaw Al Dunlap gave interviews on Moneyline and CNBC after he was fired by the board. Dunlap said how he still believed in Sunbeam, their products and their future. He said the board had a right to move in a different direction anytime they wanted to. That is called an EXPLANATION. Dilbert and the CFO just split. No interviews, no nothin' man. At this stage of this ordeal, not one person on this thread can know what revenues or profits will be portrayed on the upcoming 10-Q. Whether the 10-Q will be audited, or whether the 10-Q will show a profit or massive restatement of earnings. Or even the dreaded "going concern" statement if the 10-Q is audited. Since I covered my short, I no longer have a position, but have been studying to see when and if I might trade this stock again and in which direction. Right now my bet would be short if I could borrow the shares. Maybe I could call Dilbert, I'm sure he's short a TON of INPR.
Cube
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