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Re: pegs1 post# 37499

Wednesday, 10/16/2019 4:25:40 PM

Wednesday, October 16, 2019 4:25:40 PM

Post# of 42723
Have you read through the agreement ? They pay off Golden State with the funds they recieve.You need to read through the entire agreement of the 2.5 million dollar loan and todays news release will help you understand it Heres what it says about Golden State.

Page 5

3.6 Golden State Investors. Prior to the initial Advance hereunder, the Borrower shall have entered into a written agreement with Golden State Investors
(“GSI”) to repay its Indebtedness to GSI immediately after the initial Advance in an amount not greater than Ninety Thousand and 00/100
th Dollars ($90,000.00).
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