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Re: MoneyForNuthin post# 129127

Thursday, 10/26/2017 7:07:42 AM

Thursday, October 26, 2017 7:07:42 AM

Post# of 183214
Regarding the possibility of equity investments coming through REAL soon to avoid conversion of notes soon eligible for conversion: "I want to be careful how I answer this so I don't upset the attorneys... I believe we have a little bit more time... it is my duty to make the right decision for shareholders... so I am taking my time to make the best decision... we HAVE had several offers". “

He has been talking about “offers” for a very long time, here is what he said in a shareholder letter in Feb 2016.

Please realize that we are now regarded as a firm with significant potential by a small group of our convertible debt holders, as well as private equity sources we have been in negotiations with. We are now turning the corner by consolidating our convertible debt and attracting potential equity infusions to put us in a much better situation, as we recently announced.



If he has any intention of paying off those notes before the end of next week with an “equity investor’s” money he should be making the private placement as we speak. I see no filings about such a placement.

“I also noted this, from the past several weeks”

I don’t explain what others post...