Digerati Technologies Inc (DTGI)

[UpsideFZ]

8k reveals massive debt and 25% of total share count dilution for .01 cents under the warrants issued to secure the expensive financing. Can you people read?! $14 million in debt with $3.5 million to mature in 1 year and $10.5 million in 4 years at 12.5% to 14% interest. These clowns overpaid for the acquisitions and couldn't attract fair financing. They have no way to repay these loans from the minimal cash flow acquired and will now need a miracle to find refinancing or uplift with equity financing. Can't believe we all waited for these acquisitions to see this mess!