I am well aware that 500 and 200 equals 700 as well :)
What I said is that at the end of the 90 day period EM gets credited with $200.00 according to the note and his agreement with the Trustee.
That credit of $200K plus another $300K out of pocket equals $500K which is what he is bidding for the company "based on EM "stalking horse" bid for the unencumbered assets of MZEI. Others will also be able to bid for the company which will have to be greater than EM's bid.
That totals $500K where I sit :)
Either way the long suffering shareholders GET SCREWED AGAIN by EM,& his co-conspirators including MS. !
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