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Re: armour1955 post# 175386

Tuesday, 10/02/2018 1:36:46 PM

Tuesday, October 02, 2018 1:36:46 PM

Post# of 183214
But it does make sense. He would have to massively increase the AS as it is nearly maxed already and does not have enough room for the convertible debt + Boltons preferred. A conventional financing of stock + warrants still needs room with an AS increase. Also who is going to fund a conventional financing with so much convertible debt on the books with a trips stock price. Would you loan this company your money if given the chance? Why does TC own only a few hundred bucks worth of common stock?

IMO its taking so long because it doesn't exist. Good chance the 3Q 10Q is going to show another round of convertible debt taken on.

I will give TC credit in keeping this above no bid for so long and the dream alive.

Just my educated opinions.