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Re: SLC-JD post# 80786

Wednesday, 10/26/2022 3:18:20 PM

Wednesday, October 26, 2022 3:18:20 PM

Post# of 80868
I've caught up on MadCow's posts, your own posts, GSB's posts from 2015-2016, etc. It's remarkable that the company has existed for this long.

The litigation, the bloated AP, the non-arm's length relationships at the Board level and the Spinal Tap CFOs - it's a compounding mess. Unfortunately the human cost rests in people's financial livelihoods being damaged. I don't refer to the speculative OTC stock purchaser, but the employees of suppliers trying to recoup losses who have been strung along.

But the ultimate default to Empery results in an acceleration of principal and interest, plus all IP that was pledged as collateral. Without the brand assets, what's left?

Depressing.