I will add my voice to Epoch's to state that the only reasonable course in this process is to wind up the company rather than spending additional resources trying to fight your bondholders or somehow restructure the deal. All existing and inbound equipment needs to be sold and the proceeds distributed to the bondholders accordingly.
Lab_Rat's response on this has been that it will result in less value for the bond holders than ongoing operation with each original bond being worth 300 MH/s (including the 1->3 split).
grnbrg.