Mustang
It is my understanding that the r/s also applied to all of the old notes. They all split as well, so everything you quoted will be included in the new float. Also, just based on the current o/s I'm quite certain that all of that old debt has already been sold.. Expect I am not certain about the defaulted notes. At the very least, tbev should put out a pr or filing explaining everything to share holders about where everything stands the day of the r/s. If their are still several million shares waiting to be dumped after the r/s than the stock will tank, especially without any news to support the pps.
As far as the current loan is concerned they will have to issue a s1 before tapping into it.. If they are taking money out for a good reason such as to pay for product before they ship it, and their is a P.O standing buy to cover that cost than this company will take off because we will have real distribution.. Thats the key !
I still have to believe that ghs knew what they were doing when they issued the loan, they must know something that we don't.
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