I've looked at past reports. I know one was Tangiers. At the end of the day most of these financiers hang out in penny land and I doubt out of any of the 4 note holders are associated with just EVIO. It's just what they do. Penny stock loan sharks.
I have seen the rates get better over time but yes this is a problem no doubt. Atleast they are not issuing convertible debt just to stay afloat all recent notes have gone towards expansion.
Either way I think equity based financing is the only option right now. I would like to see more acquisitions like the ones we saw in Portland and California where preferred shares were given.
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