No its not hearsay. If that 30 million was anything other than old debt the company would have to file an 8k for a material event. If it was an insider who dumped the 30 million they would have to file a form 4 to update their holding percentage. So its impossible for that 30 million to be anything other than part of the 2.8 million in old debt. Well unless the company or a company insider is violating SEC rules again.
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