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Re: delerious1 post# 118619

Thursday, 08/31/2023 10:24:12 AM

Thursday, August 31, 2023 10:24:12 AM

Post# of 122460
My guess about the financing is as follows:
They have been using Sartorii for cash as well as refinancing with better terms. Sartorii is supposed to be non-convertible, but they have been paying back some of the loans early with shares of stock. A good and bad thing.

They also used Pacific Lion and Phantom to pay off certain loans with a toxic feature. That is a really good thing. Pacific Lion has much better terms. Today's update is likely to pay off the GS convertible and Efrat loans instead of allowing them to convert. Their due date is September 8th.
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