Curative Biotechnology Inc (CUBT)

[Threeflight]

They have a legit $40 M bank loan that has yet to be used.

$40 M. Bank in Texas.

Not toxic financing.

But I agree the debt they took out before they went public was a VERY bad move. I don't think they truly understood the ramifications of it and it has bit them in the butt. Even with that the OS has only gone up 300 M to 630 M the past year. Not outrageous. I believe CUBT's OS has gone up more than that.

Good thing is they got the rest of their toxic debt either paid off or delayed until next year and by then they will pay it off via their offering for $395 M they are doing with EF Hutton.

I mean to me its a win win situation.