I don't know who your financial advisor is, but HTC isn't in debt. As of the last annual report, they have just over a billion dollars in cash. That's not Apple cash, but it is the exact opposite of debt-ridden. The last few paragraphs are a good read for this discussion:
Stock Talk: The downward slide at HTC continues | Android Central
And they're not selling off pieces to stay afloat. They never owned Beats, they had a 50/50 stake in it. They sold 25 percent back to Beats and that's that. The money they realized doing that doesn't constitute the billion dollars they have in cash. I do think they overpaid for the Beats partnership to begin with, so that's a bad decision on their part. As far as the "bailout" goes, that seems to be the Taiwanese government overreacting, kind of like what happened here a few years ago with all of the banks. If the One doesn't do some serious business for them things will start becoming bleak, but they still have some time to get it squared away. Not a lot of time and certainly not as much as they had in the past, though.