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Re: Backstabbed post# 45807

Thursday, 11/01/2018 3:35:47 PM

Thursday, November 01, 2018 3:35:47 PM

Post# of 96657
You are correct we don’t know for sure if this is the remaining two notes or residual dilution from previous notes. I know that as of the shareholders meeting a couple weeks ago the two notes hadn’t been paid and had not converted. The trading action the last week sure appears like something is converting though and I’m assuming it’s one or both of the notes.
I had asked Kevin if he could tell me the terms of the final two notes because I could find them in the filings and hereis his response to me this morning.


Thank you for your inquiry. Your request is reasonable and certainly will be included in the quarterly filing this month. Chesapeake is attempting to get the company to disclose not only the terms, but the remaining balance on each of the notes so that investors can make an informed decision. Until the company does this we cannot disclose this information.

Kevin Holmes
Chesapeake Group



I sure hope they are successful in convincing Bob to make the balance and terms public so we can get a better picture of what is happening with the remaining notes and share structure.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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