I have been through a lot for many years with BLDV. I truly hope You are correct and Josh is on the right path. The problem is His track record is terrible, His credibility is beyond suspect and just like the former CEO J.Q. Moaning he is impossible to pin down on anything solid.
I have to agree with Kool Aid Man when it comes to his performance as CEO, He is a huge disappointment and everything He says is subject to change if he feels like it changing it.
It's my opinion that the Betty Bot Bakery deal shows his lack of respect for shareholders like you and me. I did have faith in him but it's pretty much faded away by now. The next couple months will show his true colors. I hope for the sake of all investors that he is able to produce results.
I once talked with J.Q. Moaning on the phone and after the call I had a great deal of hope and expectations. Everything He said was misleading and untruthful in the long run and Josh Alper seems to be on the same course so far.
There are no convertible notes on BLDV's financial statements (unaudited) for the year ended 12/31/17. BLDV only has convertible equity shares. The $89K is accrued liabilities. I am glad that you also noticed that freebies.