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Re: Altitrade Partners post# 4659

Tuesday, 05/18/2021 2:19:59 AM

Tuesday, May 18, 2021 2:19:59 AM

Post# of 6742
With all respect, why would this be positive: "Furthermore, if the notes are not paid within a 5-year period from exiting Chapter 11 bankruptcy (September 18, 2019), the notes will be discharged.

In essence, the debt would get wiped out, and taken off the books."

I am not looking forward and holding into a company that would think not paying its debt in 5 years is an accomplishment. I want them to make money and pay this debt hopefully by the end of next year.

To hope that this debt will be wiped out (due to nonpayment), in no way is positive to me. While I understand what you meant, let's not hope this will be the case, and I am really not looking forward to see no revenue in the next 4 years...
Based on their press releases, they provided guidelines and a plan on future "expected" revenue. Based on that, they project this company to generate tens and hundreds of millions in revenue, and paying a 2mil debt should be their last concern, if all will come to a realization.

But so far, we are taking their word for it and patiently waiting... Until we see commercialization or at least third-party results on cts 2.0, the stock will be no further north than it is now.
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