Really? The loan is toxic as hell! You don't see the default condition if $1.5 million isn't repaid by October 5th????
18% interest PLUS conversion at 85% of the VWAP plus $750,000 "advisory fee" that has already been paid to a Cayman Islands loan shark...how much more toxic do you need?
And where is that $1.5 million going to come from? The 4 branches "purchased" from LTNC that TSGL is going 45/55 on revenue???
Have you seen the losses by LTNC for 2015???
Shareholders here are going to get crushed and very soon.
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