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Re: Alexxdj1 post# 45109

Tuesday, 12/06/2022 6:46:57 PM

Tuesday, December 06, 2022 6:46:57 PM

Post# of 49873
It is certainly an unfolding story, and Just painfully so for many. LOL These guys do nothing proactively. They do nothing until they must. I have been expecting the reverse split since the first of the year after they dropped right at 1 billion new shares in Q3 and Q4 which hammered it into the trips. Now the debt payment deal with Labrys a year ago has turned into the June Leonite exchange note which will be nearly a $1 million with expenses on March 1st. All other debt holders are unsecured and can just sit, pout, and hope they don't miss out completely. smileThis company has a history of rewarding Leonite with the nice terms on their notes and this one will go the distance for that reason in my opinion. They went dark for 90 days last year after the Q3 filing and it would not surprise me if they do it again. What you have been doing has worked for you and I suspect it will again. Good luck.

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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