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Re: Trollin 4 Trout post# 112517

Tuesday, 05/18/2021 10:45:25 AM

Tuesday, May 18, 2021 10:45:25 AM

Post# of 121373
Well this part is a fact, straight from the quarterly, and it’s the entire basis of the rest of the info:

As of March 31st, they had $300k principal balancing remaining from the third debenture of 2020. And then $1.5M from the two 2021 debentures.

Aka: the first and second 2020 debentures are paid in full. With $200k of the third 2020 debenture paid ($300k remaining).

I hate dilution as much as the next person. But you have to always be able to adapt. And this information regarding how much of the 2020 S1 financing is already paid in full is very good to see. I highly doubted anybody here thought 70% was already paid in full prior to the 1 year anniversary of the SPA even being first announced
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