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Re: GaiusGracchus post# 30139

Wednesday, 02/12/2020 8:48:31 AM

Wednesday, February 12, 2020 8:48:31 AM

Post# of 63478
“Knee Jerk”

Geordan has 206million restricted shares. This has nothing to do with the 700million blocked for trade and in the process of being retired.

Let’s not forget. “Closing S800 and PathUX gave us legitimacy and access to more traditional funding avenues in the future. Having Revenue and EBITDA opens doors that used to be welded shut.”

“The Company is finalizing its DD as well as the DD on the part of our funding partner. The closing of S800 allotted us the advantage of not being a shell anymore giving us access to much more traditional and friendlier financing options. Thanks for your question.”

There is no reason they would get to this point of cleaning the balance sheet and getting the 5mil loan for acquisitions only to get toxic loans, it makes perfect sense that they would use it for acquisitions or capital raising.

“The acquisition of CCS was funded with proceeds from a newly-executed credit facility, in a total amount up to $5 million, in the form of a traditional secured debt facility, provided to the Company for growth capital initiatives. “