CBL has renogiated terms with its lenders, and secured additional debt, convertible debt/equity funding from multiple (three thus far) sources. In addition, The Fed, as indicated by Charman Powell's recent testimony to congress, and in similar comments made to the general investing public, indicated that the Fed will take unprecedented steps to insure the stability of the US economy, such as buying corporate bonds (for the first time) of micro/small/mid cap companies faced with short and near-term COVID related liquidity issues.
In other words. CBL
CBL's underlying assests,will recover, as will its overall business. Im not an insider, but being in the Venture business for 25 years...use your imagination.
I just accumulated a very, very large position in CBL. A bargain at < .50
Dr. Paul Kustes
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