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Re: Joecanada13 post# 3690

Friday, 02/03/2017 12:34:01 PM

Friday, February 03, 2017 12:34:01 PM

Post# of 43557
According to the CEO in an email to me, they took out a small amount of convertible debt last year with the intention of paying it back once they raised additional capital. They weren't able to get the terms they were looking for at the time and decided to look for alternatives. In the meantime, they got caught with their pants down. He said they learned their lesson. They're not happy about the damage on their share price either, Now with free funding for build outs, we are in great shape.
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