How little you understand on finance. Dendreon will refinance and replace the old bonds with new bonds. It is done all the time. Their assets make tham solvent and they are sitting on over $300 million in cash on hand. They should be profitable by mid year.
Cover your short .
Bozo whos going to lend them $600m when their sales can deliver enought cash ?? watch and learn Bond will be called and "IF" they can finance it will be a big conver (dilution) or and expensive Junk Bond