Going to be hard to string it out when the company has zero cash flow. They HAVE to determine some things, or they're dead.
Period.
It will just be a of matter of how they try to exit. Do they try to develop a strategy to salvage what they have left? Do they go into Chapter 11, and try to develop a plan to exit bankruptcy.
Or do they have a fire sale?
Any way you look at it, IP is fucked. It's going to be interesting to see what the investors are going to say, if the try to file a class action law suite against Herve/Eric and Titus for fiscal mismanagement, plus causing conscious harm to stock values.
Should be most interesting to see if they eck out sort of survival, or get run through like a kobold in heat.