This company is serious with the debt reduction. They recently filed an 8k retiring convertible debt. Now with todays 8K it really is showing they are on an aggressive mission to get the books in order and stay in business. Sure looks like they are getting ready for something big. The people mentioned and the amounts in the 8K is only a portion of the the 1.1 million debt reduction. In a call to IR they pointed out to me that non affiliated parties took this deal and that additional debt is getting removed due other settlements. This can only be a very positive step for the share price.
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