I really don't know the answer to this question but my best guesses a) At some point you would do a real valuation on your company and debt would be converted

I really don't know the answer to this question but my best guesses a) At some point you would do a real valuation on your company and debt would be converted to shares or some type of equity. Investors would hope that you become profitable and investors could sell shares on secondary market or company would eventually buy back shares. b) If no cash you would eventually close shop, and I imagine if you dissolve your corporation nothing happens. Like going bankrupt and if you have no money theres nothing to collect on and nothing happens. I guess its possible to sell what assets are available. Thats why investment is a risk.