Replies to post #109856 on Seaniemac International Ltd (fka BETS)

[stockinvestor01]

I don't believe there's an LOC. If there was, why would they need to raise the A/S? They'd use the funds from the LOC to pay off the toxic notes. Clearly, that hasn't happened.

When they raise the A/S, they'll probably create a new reason that they haven't finalized the LOC.