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Re: OMOLIVES post# 112862

Thursday, 08/11/2022 10:55:46 PM

Thursday, August 11, 2022 10:55:46 PM

Post# of 121937
I just don't want to spend my Thursday night arguing whether it is an opportunity cost or a conservative profitable sell. Who cares?

Whether the line of credit is fully used or if they owed $4.95 mil and paid off a couple hundred k from that amount or they owe $7 mil.

The company just bought a lot of land, had professional fees of $3 mil for startup. Has $3mil in goodwill. It is obviously in it's initial start up phase. Yet they brought in $1.7 mil in revenue early on. They are just starting their bitcoin mining in June of 22.

We owe Ecoark $4,947,995 as of April 22, 2022 under a $7.5 million line of credit note at an annual interest rate of 10% per annum which is March 31, 2023

Quit acting like the company is a failure. I personally would invest in this company on it's own. Glad it is going to be part of HMBL - especially since BTC and ETH just reset and are back on their way up.
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