Not missing a payment because the CEO is taking on personal debt to invest in the company is not really sustainable, and almost certainly a red flag to investors.

Based on the other article I link to, they seem to have been behind on their payments to everyone else as well. And were doing "deep discounts" to keep cash flow high. Clearly a bubble situation in my mind.

Well, never missed a payment until the bankruptcy filing, at which point Comvest can line up at the courthouse with everyone else.