Traderdon....no probs - after all I dont know if I understood it correctly. I read the doc about three or four times. Its sounds crazy but I actually liked the structure of it as there is a part that prohibits dilutive or toxic financing.
Seems ribotsky in protecting his investment inadvertantly may have provided some degree of protection to retail investors by having clauses preventing the company from usual pinky shananigans.
elsewhere in the document, repayment of the loan is repeatedly mentioned, and it would not surprise me to see that loan paid off.
JMHO but it seems to me this company should not be on the pinks and may be planning a major move to get pps WAYYYY up there.
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