“As of March 31, 2013 and December 31, 2012 the outstanding note balance was $51,334 and $200,000, respectively.”
I understand the above from the 10-Q to mean that SSOL paid off ¾ of its debt. Will one of the experts here comment on this?
Thank you!
PS: It is almost 2 months past March 31 so it is likely that most if not all the debt is paid off. Although it is not clear to me if they borrowed more or the original notes are just printed again.