Green Parts International Inc (fka GNPT)

[ANIA77]

Yes, TCA was settled in January. $2mln went to pay off TCA.
When you look through all liabilities there are not only a few convertible notes but also a few credit lines. When you add all credit lines, it's over $1mln.. so I'm guessing he paid off all these as well.
per 10k GNPT paid over $600k for interest. Now with SBA load this is going to be around $100k. They are saving at least $500k right here.
I don't know if he was allowed to pay off convertible notes since we are having dilution. . 10k shows 5 notes up to $300k in notes (I added all debt discounts so this number is as bad as it can get).
Interestingly enough we see only one seller vndm..
OS increased by 400M or so.. so good chunk should be converted imo