Wow, Kezzek, who said anything about a bank "lending" the company money. The CEO said she is looking for more traditional funding. I think they have enough loans already. I would think they will be doing a different kind of funding. And I think your historic angle on revenues is correct, but not current. They just got their first order of $500K and I am sure we will read about more orders as time progresses. The companies net liabilities (real liabilities) is less than $50K. I don't think they are trying to set aside its toxic debt, but the company has in fact retired (paid off) at least 5 prior notes, and is attempting to manage the remaining debt until it gets to funding, according to the CEO. Not every death spiral ends up in a crash, but most scam OTC companies do. And usually those death spirals are by design, created to allow management to sell into the spiral because OTC companies usually pump and dump hard to try to clear out the conversions. That doesn't seem to be the case here. No Form 4's or 144's and actually, all of the affiliates have agreed to min. 1 year lock-ups. I think if you look at other companies management teams and affiliates, they would be dumping hard during this time, so I have to assume they know much more tan we do right now.
You can't have any pudding unless you eat your meat? I see the company chomping away right now.
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