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andrewflying

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andrewflying

Re: None

Friday, 12/22/2017 5:28:26 PM

Friday, December 22, 2017 5:28:26 PM

Post# of 163719
Regarding the convertible loan with RCAB, when large amount of money was paid back last year, this board guessed that Solomon breached the terms and FD demanded the money back.

Today we were told that Solomon did not even pay the interest for the loan. My guess is that Solomon was not on time for the interest payment of the ECAB loan. He may very well have been late for the two US loans as well. So the US lenders can legally sell the collateral shares.
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