I read the PR when it was released. All I can say is he entered into these documents, so he should know what he enters into. He was also well aware of the unscrupulous reputations that all of these financiers have. He blew deadlines of paying these off. He could have filed Court papers stopping conversions if he tried to pay them off early and was refused.
This one cannot afford another round of toxic financing. If he enters into another single note, this one is toast.
At this point, it can rebound but the ball is in his court.
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