[staten]

Is there another company in this space that can say they invented the MCA and has been around for nearly 2 decades?

If their data and systems cannot adequately track cash collections, how good could it be? It also makes sense that Wells would give them room for renewals as it is in their best interest for the company to continue operations in some capacity while Jeffries looks for some kind of deal. But they do want to reduce their exposure asap and exit. Maybe Jeffries can put together something but the equity value is nil.