It looks bad, but in fact the article hasn't said that the show was over yet, and as already mentioned, Jenoptik owns the rights to the Hy6, so if Franke&Heidecke are too expensive to keep afloat, due to old loans, someone else could theoretically take over. Let's wait and see what happens. The insolvency deadline is July 1st, and the court case is scheduled for the end of July.