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Re: OINGO BOINGO post# 64964

Friday, 12/13/2019 5:19:43 PM

Friday, December 13, 2019 5:19:43 PM

Post# of 68548
Remember before the LRS deal they were living hand to mouth. They were selling shares and doing note deals with people like Asher and Fife to fund themselves. The convertible note market was killed by the SEC so that funding source dried up.

The LRS machine was financed via a loan from Kwak's other company. They iikely paid that loan back when LRS paid ECOS.

If you look back before 2017 you will see they stopped filing for a while. When the LRS deal came along they needed to get current to sign that deal. If something else comes along they will figure out how to get current again.

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