I don't think they will file but imagine this scenario :
They wait until "after market close" on Monday the 28th to file. By 3 PM est , the whole world will come to the conclusion that they will not file and that they will be delisted. The stock will probably hit 2 a share at the close (or less). Then they come out with figures after market close and the stock soars on Tuesday to 7 or 8.
My view is that 2 a share is a good buy regardless of anything. I will be waiting on Monday to buy at that price if possible.