We understood Aveos was running out of cash. We proposed several alternative financing arrangements to them, including this $15 million, which was referenced as debtor-in-possession financing. If they had chosen to restructure, it would have allowed for an orderly restructuring. It would have provided some time to the organization and the employees so that they would not have had to close down as brutally as they did. But they chose not to take it.
On March 29th, 2012. See this statement in context.