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Until2020, formerly Until2017

06/02/17 12:19 PM

#83153 RE: MIKEY501 #83126

NOT PROVEN


All we have right now is an 8K which may or may
not survive legal challenge.


The debt issuers have the right to sue and chal-
lenge this unusual debt transfer.


I am gonna transfer my debt to my homeless bum
Uncle Mike. .. And I'll be debt-free.

Yeah, that'll work ! ! ! .. Couching it in lawyer-speak
does not make it legal or ethical.



Until2017








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brojazzy

06/02/17 12:22 PM

#83157 RE: MIKEY501 #83126

WRONG!! Debt doesn't just disappear like that, that debt is still here and isn't going anywhere when the company has no revenue to pay it off, dilution at some point will have to kick in