Keep in mind that Red Oak's investment went straight to pay down the Tonaquint Note, every penny...
To your point CBAI has made all payments required ( 100k monthly ) all payment due after the 7 months Red Oak paid ( July, 2016 until present day )
Debt Repayment
On April 15, 2015, the Company made a payment to Tonaquint in the amount of $750,000, principally with the funds from the Red Oak Agreement. This pre-payment in accordance with the settlement documents between the Company and Tonaquint, applies to payments due on August 17, 2015 through February 17, 2016 (7 months); and a partial payment of $50,000 to the $100,000 balance due on March 17, 2016. Thereafter, the Company made additional pre-payments applied to payments due through June 17, 2016, as well as to a partial payment of $25,000 to the $100,000 balance due on July 17, 2016.
