Smoky Market Foods, Inc. (fka SMKY)

[PianoMan75]

Obviously I would have preferred financing that was non-dilutive in nature. My understanding and belief (and this comes from communicating with the CEO and other long-term investors here) is that the Asher loans were necessary for bridge financing, i.e. financing for the essentials while Eddie has been working to secure a plan and team that will allow him to attain more traditional financing. I don't believe the Asher loans were used to "pay Eddie"; my understanding is that his salary has been deferred for several years now. Clearly, the company has not been in a strong enough position to secure any other sort of interim financing, but I'm secure in my belief that Eddie will ultimately succeed. And I don't buy the argument that because Eddie has not yet secured more traditional, favorable financing, it must mean he never will.