Yes they do, but that is a maximum scenario, giving them the leverage, should they need to raise more capital.

How fast they ramp will be crucial for them not to have to go down that path again for the purposes of cash flow.

Should they get the GIS deal done, or another similar deal, their cash issues could very well be solved.  All unknowns, at this point.

They are just being prepared for survival issues.  It would be irresponsible for them not to give themselves more rope.  Let's hope they don't hang themselves.

The May annual meeting should shed much needed light on the year of the ramp.