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soybanzai

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soybanzai

Re: davidsson10 post# 16890

Wednesday, 07/11/2018 8:50:54 AM

Wednesday, July 11, 2018 8:50:54 AM

Post# of 68070
Pretty fluffy news. Let's see if the note holders let it run before they dilute the sh*T out of it again. The 10q has so much debt conversions coming up that they will have to raise the A/S again.
1.0 million was due March 2018
CEO notes
July 15th note
Oct 15th note
3.5 million due Jan 2019


Shady part is the CEO note B, which was extended to July 2nd, which happened to be when the govt (300k a year) contract was reported.

They can never pay the monthly fees on the notes, so everything just snowballs.

btw they sell tractor hitches.. why are they called DRONE USA?

GL!





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