Friday, October 30, 2020 9:38:00 PM
I knew when they posted the repayment terms awhile back that they would struggle to meet those terms. Not sure where he thought the revs would come from to meet those time lines.
Clearly, they couldn’t and had to renegotiate again. It’s an embarrassment. And I think it speaks to the fact that BLF and Pach Labs aren’t generating much (if anything) at this time.
It will require more toxic loans (yes white Lion is toxic) for them to pay off Monaco.
But we are uplisting, right? Lol
It’s laughable.
They will RS and dilute to pay the bills. It’s their only way out of this mess. Candy and moon rocks and Vivamil won’t cut it. Selling shares will though.
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