Don't miss the point that he is not going to use toxic debt, or any other debt that is unreasonable for growth. He is protecting his capital structure which will eventually allow for huge valuation models (IMO). He won't even touch GPC capital that is on the table.
This company is revenue generating right now and may actually turn a profitable Q this year.
He cannot be any clearer about no toxic debt. There is zero in the system. No skeletons at all...nothing.
We just have to be patient while he grows Q over Q now with an eventual CSE listing...and then later IMO a NASD listing.