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exwannabe

11/23/18 6:43 AM

#199851 RE: Basin Street Blues #199848

Once again Ex , just like your Bostonian friend
Jerry le C youre making it up as your going along with your

`There are 3 notes and a toxic waste liability attached to it.`

…. IS UTTER PIFFLE


Well, it is of course possible that the SEC submissions are UTTER PIFFLE, but I tend to assume the audited numbers are correct until proven otherwise.

1) 12% mortgage loan non-current. $6,490K
2) 12% mortgage loan current. $4,724K
3) 12% convert loan secured against Sawston: $5,350
4) 6,200 environmental remediation liability

All numbers straight from Edgar.

Note that both mortgages roll every year for another 3% annual. And the convert carries an embedded warrant thus the impuned interest is higher than the nominal 12%.