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Arthur

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Arthur

Re: LordRich post# 106911

Tuesday, 01/16/2018 5:18:52 PM

Tuesday, January 16, 2018 5:18:52 PM

Post# of 107227
NXGH didn't "retire all debt".

It refinanced (most of) the old PLKD debt by borrowing $513,872 from LimeComm, the same company that they putatively "purchased", for $0 cash as usual.

The Note Holders also received 20,000,000 NXGH shares, to be held for a while as Restricted Shares.
Furthermore, if NXGH was to issue new shares for the purpose of financing within the next 12 months, it would owe an extra $0.015 per share over those 20,000,000 shares.

In other news, NXGH fired its auditing firm, again.
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