If they're negotiating a settlement, and I think they are, it will remove the need for posting the $6.5m bond and allow them to focus on paying Samsung $13.5m by the end of this month. Yes, there's still another $28m due to Samsung at the end of this month, but I suspect they'll negotiate an extension with Samsung given our relationship with them. And if they don't agree to an extension, we will have another 45 days to cure the default which will put us into mid-March. Given our current financials, this gives the company some breathing room for now.
This also doesn’t mean NSF can’t be liable if we find evidence otherwise, but it sounds like we are going to settle soon.