XR Energy (XREG)

[samroux]

There's no other way they may get paid.

He is just trying to appease them in any way he can. He renegotiated old debt down to horrendous terms. I said that isn't going to help. It didn't. And, like I also predicted, now he has re-renegotiated.

Smethers has painted himself into a corner. He continually took on a ton of debt, put the money in his pocket and completely failed venture, with zero way to pay it back. The shell he hoped would pay for that debt, didn't, and now is completely untradeable because everyone can see that debt hanging like a 2 tonne piano waiting to drop.

Any attempted paid promo is not going to go far. One glance at the financials is all one needs to laugh this thing off.

Sorry, Smethers, time for you to get a day job. The OTC isn't going to pay for your bad debt and failed business.