InvestorsHub Logo
Followers 30
Posts 1043
Boards Moderated 0
Alias Born 07/11/2005

Re: bbotcs post# 157001

Thursday, 11/07/2013 1:06:38 PM

Thursday, November 07, 2013 1:06:38 PM

Post# of 173812
bbotcs...SCKT... I've been told (as have 2 other investors) that they fully intend to pay it off come Dec 1rst. I don't know how, but that is the intention (and it doesn't involve dilution of any way). I know they paid $300K down to suppliers last Q and have less R&D expenses this quarter (since the 8ci is now done). If the loan continues (and at that interest rate) then I intend to bring it up at the cc calls and start to challenge management directly. I will use it to build my coalition of shareholders larger and make a bigger play for the Board. They are afraid of me concerning that (it's why my letter was allowed to be discussed at the last meeting).

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.