Oh wait S7 formally known as IR said all Series C donations will be considered income. Maybe Bill is trying to cook the books to make it look like TPAC actually had revenue on the upcoming K.
One things for sure, they are in desperation mode trying to sell those promissory notes or convert common to promissory notes. Hopefully all common are converted to series C promissory notes so it will be a 100% lost for shareholders and 100% gain for Bill.
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