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Saturday, May 30, 2015 10:06:01 AM
That said, I assume you now agree that there are two debt obligations coming up on the 15th and the 30th? The question is what is MRIB going to do about them? It appears that the obligations total $600,000 but I only see $300,000 in possible liability unless MRIB took the balance of the debt in cash. Either way given current PPS MRIB will be maxed out on A/S by the end of next month if they have to issue shares to cover the debt obligations.
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