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Re: pual post# 47822

Tuesday, 07/25/2023 10:05:41 AM

Tuesday, July 25, 2023 10:05:41 AM

Post# of 49873
Again, anything to offer here than another complaint? Just what hasn't materialized yet can not be construed as being wrong.

I'm waiting to see if they execute this convoluted deal because it has SEC complaint written all over it. I also don't believe the timing for the independent accounting firm resigning is a simple coincidence. We should see an actual purchase and sale executed and a real profit according to the CEO's statements. What I am expecting is a $5.5 million loan deal disguised as a lease to make the balance sheet reflect a much better debt to equity ratio. This could be hidden as off balance sheet financing which would be handy in going after more lucrative funding in a post uplist scenario. Bottom line is that I believe the Leon's are desperate to pull a rabbit out of the hat given their personal exposure to this company . I still have my doubts that this deal will close. But it made good press... actually didn't.

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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