Saturday, May 16, 2020 9:11:50 PM
My guess is Bozo Berman will tell the SEC that someone hacked the VERBAL $2 million dollar loan NON DILUTIVE finance agreement and someone hacked paying Alpha Capital Anstalt 34.6 million shares at less than 2 pennies when the stock was much higher.
Anyone else notice the similarities of names between Bozo Berman's financiers, what are the chances you get an Alpha Capital domiciled in Liechtenstein and an Alpha Credit which was part of Platinum Partners in NY.
But according to Berman's Form 550 nobody benefitted.
In March 2020 the company entered into six Notes (loans) with its main investor, Alpha Capital Anstalt, for a total of $1.50 million. As of April 21, 2020, Alpha has rendered $1,500,000 in loans, based on Alpha’s funding and fulfillment of five of these Notes. On April 22, 2020 the company approached Alpha to raise their Nore fundingn evel from $1.5 million to $2.0 million.
In March 2012 we renewed our agreement with Alpha Credit Resources (“ACR”) for a third time in order to obtain this debt financing. After the expiration of that agreement, in November 2013 we executed a new line of credit with Alpha Credit Resources, replacing our pervious line. This credit line was for $12.5 million, but with the velocity of our product sales, could yield over $250 million in annually available credit. We never did draw down any credit financing from ACR, although we many times tried. On December 14, 2015 this credit line expired. Subsequently we learned that ACR and its parent, Platinum Credit became the subject of several Federal criminal investigations and trials. In September 2016, the major funds controlled by Platinum filed for liquidation. The company immediately froze all of its securities held by Platinum, securities paid from 2007 through 2014, but none subsequently. Platinum had not been granted any requests for any conversion or sale transactions since December 2014. As a part of this liquidation the company is now seeking return of most of the securities granted to the Platinum funds from 2007 through 2014.
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