Wednesday, December 07, 2016 2:10:00 PM
But they put in a clause that draws are at Cyrus's discretion. When ANY asked to tap the line Cyrus then demanded TONS of warrants which brought the effective cost to something like 25-30%.
This was during the $160M run rate letter pumpola, during which Cyrus conveniently didn't file insider reports disclosing the warrants for SIX months.
Cyrus's current filings are wrong too by the way, IMHO. They are still showing oldco shares (remember the CUSIP change lol?). They were told about this error and still haven't bothered to correct.
ANY needs another cash infusion from somewhere in the coming weeks. This is a fact, or IMHO....
________________________________________________________
Caller: But why did you back away from your prior guidance?
Eric Kelly: I am sorry? Hello?
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