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Re: nobodysbusiness post# 14531

Thursday, 10/26/2017 3:56:47 PM

Thursday, October 26, 2017 3:56:47 PM

Post# of 15274
There is a note based on earlier filings for a loan or loans made by the board Chair that are not unsecured loans. While GEOMC might have claim on machines we cannot be sure there are machines paid for, rights for the device that allow someone else to make the device, other assets, etc. If it is a secured loan guess where all the assets go?

As to reorganization powder may be overly optimistic since the Board or some large holders could buy up shares and/or take it private and leave everyone else high and dry.

As to GEOMC, do we even know there is a warehouse with Calmare machines or do they open the storage locker and find it empty?

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