Replies to post #90683 on Creative Medical Technology Holdings Inc (CELZ)

[justdafactss]

NOPE! The loan is payable on the earlier of demand

He could have demanded payment the next day on July 25th.

What Does Payable on Demand Mean?
While you may see the phrase “payable on demand” on a variety of documents, it is generally seen primarily on promissory notes. It means that the payee has to be paid when asked. It does not have to be actually written on the document. A note without the time of payment specified on it is payable on demand.

https://www.upcounsel.com/promissory-note-payable-on-demand

LMAO

[monte379]

Exactly right. The narrative has been that this is a share selling scam and the principals are all off island hopping. If these last few filing don’t prove the exact opposite, I cannot help anyone understand that.

The notes that have come out this year are the same as last year, funds needed to run the company and move forward. The CEO has taken shares in lieu of cash proving he is not in it to fleece investors of cash, and that he knows the shares are worth more than the cash.

In this most recent filing we see they needed quick cash for something and the CEO used his own cash. Clearly he knows it was necessary and that he will be paid back.

The company is working off of patents and trademarks and is 100% not a scam. Will it survive and thrive, or will it not be viable? That is the only question. Looking at the patents and the doctors and scientists behind it, and knowing they successfully commercialized Medistem, you know where my money is at. I have time to let it play out.