You may recall at one point Matt muttered under his breath that they were looking at other financing options. My guess is he is referencing the much anticipated secured note financing using office buildings and factory as collateral. Unfortunately, this financing has not been consumated and I suspect it is because lenders want to see MNKD demonstrate that they have the means to repay the loan w/o liquidating the collateral (i.e. cash flow). Obviously that won't be possible until post approval. However, it could occur in time for factory build out.
