It sure does have the same feeling as Oilexco.  They know they have loan covenants, yet they spend money freely  just like Oilexco  They have already had an easing of their loan covenants, go back to their news releases.  Mezzanine financing - same as Oilexco--> never recieved it  They have a number of options--> just like Oilexco--> never materialized.  I am not saying they are going to be liquidated, just agreeing that the similiarities are quite eerie.  You can say this or that is going to happen, unless you are privy to inside info, you are just hoping your investment does go more sour than it already has.