Fuse Science Inc (DROP)

[Tontis_Acheater]

I hope Brian Tuffin enjoys his vacation on the other side of the island of Haiti.

CEOs generally do not secure emergency Debtor in Possession financing encumbering 100% of the companies assets because they have a choice.

Fuse has run out of cash and other channels of financing have been exhausted or are not available. DIP financing is the last option and nearly always precedes or occurs under bankruptcy filing.

FS is posting huge losses on meager revenue and that doesn't turn around overnight.

4 weeks until the DIP note + interest is due in full or the note holders can exercise the remedy of acquiring all Fuse Science assets.