InvestorsHub Logo
Followers 116
Posts 35648
Boards Moderated 2
Alias Born 04/19/2012

Re: jyyoo post# 140206

Thursday, 05/31/2018 6:02:06 PM

Thursday, May 31, 2018 6:02:06 PM

Post# of 163718

In response to RD, I am talking about debt owed to SIAF from Tri-way. Both Solomon and Dan have directly stated $14M due to SIAF from Tri-way.



But this is old information. Indeed, as of Q2 2017 the debt owed was 14,258,797.

See page F-35 Q2 2017

https://www.sec.gov/Archives/edgar/data/1488419/000114420417042493/v472427_10q.htm

You can also see the $124M there, reflecting 36.6%.

But something changed during Q4
- They transferred the "fish pond" to TRW
- Possibly the $6M deposited for FF2 as well
- AND, Solomon financed TRW with our money. Between $20M and $30M.

So now there is $58M owed by TRW.
That still excludes the $52M in receivables, also owed by TRW.
A total of $110 friggin millions.

And they are diluting us... for 2% of book.

Solomon repeated this again just days ago on the CC.



Let's hope he isn't dementing already. Someone asked about the $41M in receivables. And then Solomon misspoke, and said $14M. I think. I can't hear anything that guy is saying during the CC.

Why don't you (or Peter) try to provide a transcript of it.

I've told them so many times.

I CANT HEAR WHAT THEY ARE SAYING
PROVIDE A TRANSCRIPT INSTEAD

---

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.