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Re: snoof77 post# 108103

Saturday, 05/30/2015 10:06:01 AM

Saturday, May 30, 2015 10:06:01 AM

Post# of 123645
Sheesh. 15 days. It's still a death sentence for MRIB. Denying MRIB has the debt obligation versus correcting me on the maturation date is just yet again protecting MRIB and Margrit from the reality of the situation in a deceptive way and an attempt to suppress the truth about the MRIB situation.

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.