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integral

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integral

Re: Voices of Reason post# 10670

Tuesday, 03/25/2014 11:19:46 AM

Tuesday, March 25, 2014 11:19:46 AM

Post# of 76069
Additional follow up:

The remaining convertible debt from the last filing was about +/-$1 million. From the most recent press release the company has stated it intends to "reduce and eliminate" all of this debt using a portion of the $500k financing.



How can a company pay down $1M in debt with $500k? Do these doll playing grown ups understand that $1M-$1/2M = $1/2M?
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