Agree. We are just paying high interest plus attorneys/legal fee etc., nothing more. I am really looking forward to getting current with all filings and PASACA takeover.
"Losing a couple hundred thousand dollars vs have to pay nefarious "penalties" L2 were claiming, on top of the amount of shares they wanted is a win."
Well you're double dipping there. The penalties were calculated based on the default clauses in the contracts and then the principle, interest and penalties were converted into the number of shares that they were demanding.
So no penalties on top of the shares they requested, the penalties were included in the shares.
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