InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,846.72
(
0.09%
)
Post# of 21373
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

reaper247

Send PM Follow Ignore
Followers 205
Posts 9789
Boards Moderated 6
Alias Born 10/02/2010

reaper247

Re: laraz5 post# 18625

Wednesday, 10/17/2018 12:36:47 AM

Wednesday, October 17, 2018 12:36:47 AM

Post# of 21373
LOL, laraz…

Insider ownership is not toxic. The outdated agreements are irrelevant.

The notes were actually renegotiated in June 2018.

The convertible notes bear interest at a rate of 10% per annum, with accrued interest payable commencing April 1, 2019...
In the restructuring, the principal amount was increased by 30% to an aggregate of $5.4 million, with principal and interest payment terms extended to be identical to the new notes.

I hope people can keep up.

GLTU, LOL, IMO and FWIW.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up