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Re: GolfnutBoston post# 8402

Saturday, 11/16/2024 4:09:57 PM

Saturday, November 16, 2024 4:09:57 PM

Post# of 22717
I'm not sugar coating this, crystal clear this is Jim's creative accounting hard at work to hide his debt. $2,480,000 is a substantial strike against investors. Doesn't matter what M&A you're in skeletons in the closet can take years in the courts. It's straight forward debt he's walking from everything (if not running). Now it's all* up to Balkin what he plans to do with us as far as I can tell. Info incredibly scant but logic predicates they already made a handshake deal. Court will need to approve this or nothing can get done with OMT pending judiciary approval.

We need to hear from a director just how this effects all current shareholders. Legally speaking I think this deal explains the stoney silence from Jim Honan. It doesn't look like Jim wants anything to do with the buyout/reverse merger/consolidation (take your pick or all three) who knows diddly yet right? I'm sure all the rats will jump ship Monday morning. The risk of course, things might all smooth out once SEC & FINRA put this bird's nest of confusion into context we can understand. It's difficult seeing light at the end of the tunnel after this landslide of debt just got dumped in our laps.

A stinky pinky for certain Golf, but it's hardly uncommon. The company has been keeping us in the dark far too long. You had to sense something wasn't sitting well with authorities. The further DD Durham Black required do you remember? Hunch that is when Patrick's lawyers said timeout. Big question for me is, will Balkin or whoever treat us fairly now that Honan has thrown us to the wolves... Know what I'm saying?

Anyway the chips fall. There is no better substitute than YOUR OWN DD
Including mine...good luck!

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