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Re: Tincups post# 26401

Tuesday, 02/02/2021 5:31:24 PM

Tuesday, February 02, 2021 5:31:24 PM

Post# of 31747
There commitment to the IA venture puts them in the position of having to remain fluid. This loan confirms to me they're making sure the necessary steps to bring the plan to complete fruition within their deadline initiatives is a high priority. The fact it's unsecured and provided by the CFO is an indicator their ability to meet the financial obligations of the debt is very low risk. Meaning measured revenue growth in the near term is highly anticipated. Plus, I like the fact it's not convertible into common shares of stock which represents no dilution.
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