Tuesday, April 05, 2022 3:29:16 PM
Look at the issuances and it’s easy to figure out who is selling! I will give you a hint as his first name rhymes with “baloney”!
The Arbiter 42 million has been confirmed several times now by Dave and also by investor Brett Rosen of RB Capital Partners, Inc and is in the Audit. The noteholder "baloney" who is doing all the selling will soon be wiped off the table!!!
NOTE 16 - SUBSEQUENT EVENTS
In accordance with ASC 855-10 management has performed an evaluation of subsequent events through April 4, 2022, the date that the financial statements were available to be issued, and noted the following:
- On January 5, 2022, the Company signed a loan agreement and promissory note with Arbiter Bank International Limited for a loan with principal balance of $42,000,000. The loan bears interest rate of 4.25% and is payable within 10 years. The closing of this loan is estimated for second quarter of 2022.
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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