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kennypooh

11/13/20 2:59 PM

#28241 RE: MACDaddy #28229

"Net loss for the nine months ended September 30, 2020 was $8,845,274 compared with $490,998 for the nine months ended September 30, 2019. The increased loss can be explained by the loss in fair value of the derivative instruments, a loss on conversion of Preferred Series A stock to common stock, and in increase in interest expenses during the nine months ended September 30, 2020."

No wonder they extended the buy-back period out a full Year. No 'excess cash' to do one with. LOL.