SGBY paid off 4notes during q1, or at least by 12/31: three of them early!!
1) May 17 note
76,650 (we keep 70k) converted for 11,157,314 shares
2) May 18 note (mistaking labeled may 17 again in q lol)
76,650 (we keep 70k) converted for 7,164,083
3) May 19th note
76,650 (we keep 70k) converted for 12,735,692
4)March 21 note
27,500 (we keep 25k) converted for 9,885,621
totals as of 12/31:
Money actually borrowed: 235,000k
Total debt paid off (sans interest): 257,450k
Shares to pay off debt + all accrued interest: 40,942,710
What we still owe as of 12/31
$157, 167k* + (additional interest accrued til paid)
We also seemed to have had $153,300k in cash on New Years...
Think about it this bashers out there (not for you Kevin!) this "crap" CEO is paying off his debt early, and at relatively low OS impact 40mil??? Com on.
We bought more trucks and equipment with another note (maybe) we are so backed up there are still pieces that need unraveling...we also could have payed these two and sourced two new notes, maybe paid them by now??? Either way that leaves us with either 150k or 250k to purchase something... Q2 might have answers..
No matter how one looks at it, or tries to belittle it..
News 
Market Data 
Discover 
AI
