Top Shelf Brands Holdings Corp. (DKTS)

[Sooah]

Abe L, how many times do you think an issuer should talk about an event such as securing a line of credit (LOC)? I think one time is adequate.

My thought on this LOC is that it's been secured and available for use at any time. The money is there for use if AP were to draw from it, nothing more or less, IMHO. The terms of use is not available to us which should be in due time though--I think this is what's bothering you that we do not know the terms of this LOC at this time.

It could be that the LOC was secured under Top Shelf Brands Holdings (not Team Nation) and nothing drawn from it as of date because if--as you suggested--any amount drawn were subject to a debt/equity conversion, the lender would be hard pressed to convert and sell any time soon due to Rule 144. And any such monies drawn subject to equity conversion would have to be held for at least 12 months while we're waiting to transition into a fully reporting status, right?

When TSBH files a 10-12, they'd have to disclose any and all material agreements so we WILL learn about the nature of this LOC. If they never move forward, then we will never know.

There are no guarantees. We can't completely eliminate our risks in the market, only mitigate them. Time will tell.