Tuesday, January 30, 2018 9:16:32 AM
The final $15K of the promissory note is most likely converted and gone. The EPA is maxed-out and gone. It isn't the case to jump up and down and say dilution is done. Yesterday was another case in point as these large prearranged sales are still occurring on a daily basis. Usually they are right after the close, but yesterday's was a little earlier.
Once more, the question is how are they going to pay their bills? They are out of cash and accounts payable was already high indicating past due bills. Add one more late rent payment in two days and it is very likely they do not survive February.
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