InvestorsHub Logo
icon url

Lakota-45

08/14/19 9:17 PM

#107363 RE: ccret #107362

The toxic debt situation caught all of us by surprise, Cris so just forget blaming yourself! The buck stops with Orie and I doubt that even he saw this coming!

So - What happens now?

As unpopular as it is, with 2.5B shares OS, and counting - I think the company will be forced to do a RS in order to clean this mess up! It will actually make the company more attractive to potential Acquisitions and financing, moving forward!

As for shareholders;

The longs will do just fine - as long as the company continues to grow.

Those shareholders with smaller positions will have to decide weather to; Hold - Sell Out - or Buy More and ride it out! - - - Chose the strategy that you feel is best!

This is all just my opinion of course but, this is how I see it.

~~~ GLTA ~~~
icon url

sam1933

08/14/19 9:53 PM

#107364 RE: ccret #107362

In September 2018 Oriel Rechtman loaned the Company $270,781. This amount was used to repay the outstanding SBA loan.

This new loan will be repaid over a 48 month period including interest at 7.5% per annum.

oriel acts like he is a nice guy but he really isn't, he is a player and using shareholders money to repay the bills

if he really think about "shareholder value", Why not just satisfy tangier and STOP diluting "shareholder value" ($720K SBA loan available for coho right now) in bad fu-kin way by converting debt way below "Conversion Price"

Convertible notes payable, excluding accrued default interest totals $127,284 at June 30, 2019

if he continue this fraudulent transactions (converting debt @.000037 /multiple times below "Conversion Price") he might need another 3.5billion shares to satisfy 130k notes
icon url

Steve Waz

08/15/19 6:52 AM

#107369 RE: ccret #107362

How did you let us down? You don’t run the company. Orie isn’t transparent