There are actually two notes.
1 for 170,000.00 and one for 388,000.00 I am of course not being exact with the numbers.
I do see the buyout of the Intermountain debt as a positive as they just sell into any buying and destroy any share gains as they were making profit no matter what the price was.
We will see if they release any appreciable news after this to positively affect the stock.
This may be a positive step #1. Not sure, but trying to stay positive in my outlook as there is some potential for this to be good. There is also potential for it to be the same thing but it looks like NEAH is trying to break out of the proverbial rut they have been stuck in for a long while.
Sometimes when a company is faced with complete failure they will do things to survive and buy time such as the Intermountain loan, then as they increment forward they catch a better deal or at least another extended lifeline that buys them more time.
We can only wait and see.
JMHO
Bill
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