found comment after a recent article on why the price dropped: Please read their entire SEC filing. Buried within the filing was an amended footnote for their 2014 financial statements admitting that they will run out of cash by July and be in violation of their debt covenants, making all of their debt callable. This could put them in a position where they are unable to raise more debt (of if they can get more debt it would have to be at a very high interest rate), or have all of their debt called and have to file chapter 11. Pair this with the company replacing their chief accounting officer (appears to be disagreements within management). This is why the stock tanked after the filing.