Followers | 259 |
Posts | 3732 |
Boards Moderated | 0 |
Alias Born | 04/26/2013 |
Friday, September 08, 2017 7:00:49 AM
They borrowed $305K and have now given up potentially 15% of sales in perpetuity!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12272477
$200 per pound forever. If the company sells at $1300 lb, that's 15%.
SIGO must think people are stupid!Throw out all those valuation arguments - the company is allowing insiders to siphon it. It would have been better to keep the debt and pay it off with interest...
If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM