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Re: C-20 post# 202980

Tuesday, 02/08/2022 10:32:07 AM

Tuesday, February 08, 2022 10:32:07 AM

Post# of 232957
As the debt holder, he’s owed a lot of money. The runway looks grim with the debts due yesterday. He’s probably taking matters into his own hands to protect his own investment rather than allowing another mistake. Most PE and PIPE groups do this.

What one must remember is that while Paulson is the “lender”, his money is from regular individual investors and they need to get paid…or he’s out of business.
This is why I keep stressing this is not personal, it’s strictly business. And if it requires a bankruptcy to rid the company of debt and liability to get his money, he’ll do it in a second without thinking twice

Think Gordon Gekko! Greed is good in their eyes. I’m not saying I agree with the tactics, I’m just outlining what my experience has seen. This is very consistent with the things I’ve mentioned.

Now, IF y’all can get a seasoned professional that has enough wealth to work on a profits-interest or stock salary, then you can have a chance without paying huge salaries that take away from operational and clinical trial needs.

Hope that answers your question, C! Keep fighting the good fight
Grip
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