Here is my reasons why you should invest in the stock.
a) This stock is down so much from last few weeks Its look appealing to invest as a speculative play.
b) NYSE listing requirement has been meet by this company for 30 years so i don't see this will be a de-listing issue like many others. Secondly they can go to NYSE other listing services from AMEX which is more market friendly for small cap the minimum market requirement would be 4M which this company has right now.
c) If the company list from NYSE to AMEX will change the stock symbol and all the shorts either have to surrender their shares or cover.
d) they can issue more shares any time they want.
e) the company is profitable for this Quarter.
f) as far as the debt they can negotiable with any bank wiith the corporate interst so low i think any bank will renegotiate the terms.