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Re: ax57 post# 42926

Monday, 09/17/2018 9:49:51 AM

Monday, September 17, 2018 9:49:51 AM

Post# of 45833
They only have to file an 8k the first time, there’s no requirement for them to do that every time they borrow more. How much Fife is willing to loan when SIGO is not current is debatable, and he may end up getting a 3(a) exemption from a judge to sell what he has. I haven’t looked in a while, but iirc, if Fife has to go to court he gets shares at an 80% discount!

Also the market cap is under $2.6 million, and Fife is owed nearly $1million, at the minimum.