They could - but securing funding at this stage is almost impossible.  I talk to money pretty regularly, and money keeps saying - "No effing way."

I still find it so hard to believe they are short on cash.  
Either there was a massive amount of theft or embezzlement, or the most inept company on the planet.

If they just would have been honest with investors from the beginning, this thing would have gone down totally different.  They had a fanbase of customers and investors that would have made magical things happen.  They didn't have faith in their customers or investors - and starved everyone out.