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Friday, June 25, 2021 10:48:00 AM
Everyone else seeing this?? Weren't we told we'd never go toxic again?
This was revealed in the 10K.
It started out "life" as a $125K loan, paid down to $83K on March 26, and finally paid down to $43K on April 5th. I haven't read the Q1 yet but it's probably been extinguished now based on the pay down rate.
They had $115K in cash at the end of 2020. They had $53K in cash at the end of Q1. They are kite-ing money from week to week since at least the beginning of the year. This was known. Why the shock now?
![](http://i.imgur.com/vFFXH4U.jpg)
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