Top Shelf Brands Holdings Corp. (DKTS)

[hedge_fun]

DKTS is contractually bound to fulfill its promise to repay the loans. It doesn't matter if AP ran the company into the ground or sold its assets out the back door and now has no money to repay. The company still owes the money. Whether they will ever get it, or something in lieu of it, remains to be seen.

Can you explain in simple terms how the settlement caused the company to be Rule 144 ineligible?

Or is it that those notes are not valid?

I have seen both claims.

How is it your are CERTAIN DKTS owes the lenders money? I understand being bound by a contract, but if the contract isn't valid, what is DKTS bound by?

And wouldn't the lenders be better of going after ISBG/Autry anyway for "pain and suffering", etc?

They were claiming the sky was the limit, correct?

Oh, and had I not walked away, would my agreement for the Fitty Million options have been valid?