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Re: armour1955 post# 175383

Tuesday, 10/02/2018 1:02:52 PM

Tuesday, October 02, 2018 1:02:52 PM

Post# of 183214
So TC is very careful in saying more conventional financing. What exactly does that mean? They have barely any assets to pledge as collateral in any straight secured debt financing and someone would have to be crazy to do a stock + warrant financing. Any financing would also likely be contingent on a reverse split which would wipe out the current common holders.

Without any recent 8Ks disclosing a financing, I would bet he has stuffed more convertible debt into this company. With his minimal ownership interest I would not be surprised if TC resigns and moves to Darkpulse fulltime and let the Boltons take over.