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Re: SEV123 post# 9887

Thursday, 05/09/2024 7:20:42 PM

Thursday, May 09, 2024 7:20:42 PM

Post# of 10019
Yes, thank you for the correction. This was an extremely complex transaction, with Debenture Holders, Private Institutions, and Insiders all agreeing to a Complete Restructuring of Capital, and Eliminating All Outstanding Debt. They announced it on Monday and said it could close as early as Wed.

There is No Way this complex arrangement could have been agreed to by all parties in less than two days.

This was agreed to by all parties at least last week if not earlier. Whatever is taking the extra time is likely formalizing paperwork and/or an increase in the amount.

Yes, it's frustrating to wait, but if that's what it takes then that's what it takes.
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