3/4/22 1-A Offering tentative start date. Likely will be delayed because it needs to be qualified by the SEC before it is active. Guessing around 30-60 days for qualification but remember we submitted on 2/9/22 so that means April at the latest.
3/12/22 KOTA payment due. Now I asked myself why would KOTA agree to give up majority control of the company to Henry unless Henry was able to provide definitive proof he would be able to make the payment as well infuse $50M for expansion. I have never cared for this deal especially since we are desperate for funds. Why couldn’t Henry just wait until he had one of the billion dollar loans? Maybe since this company is based out of CA the audit will be quick (quick for Rao is 4 years lol) hopefully the books are in good condition and it can be done quickly to show on our books as revenue ASAP.
3/18/22 $32 million payment due for Five Grain which will likely be delayed as Henry eluded to in the CC
3/31/22 BB end date which, if you have been paying attention, will likely not happen since we don’t have any money to buyback the shares…..yet.
Once we get a loan or 2 we should be able to stay above $0.01 again and hopefully maintain. I am in the red for the first time in about a year but am still holding and believe Henry can get the job done.
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