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reaper247

10/17/18 12:36 AM

#18626 RE: laraz5 #18625

LOL, laraz…

Insider ownership is not toxic. The outdated agreements are irrelevant.

The notes were actually renegotiated in June 2018.

The convertible notes bear interest at a rate of 10% per annum, with accrued interest payable commencing April 1, 2019...
In the restructuring, the principal amount was increased by 30% to an aggregate of $5.4 million, with principal and interest payment terms extended to be identical to the new notes.


I hope people can keep up.

GLTU, LOL, IMO and FWIW.