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eddy2

06/03/21 3:46 PM

#9910 RE: Blade Slade #9909

https://sec.report/CIK/0000745655

When the offering closes there is no more information given. If you sell and your negative the company is on the hook for the balance of the tax credit debt but is not required to pay it if equity capital is outstanding and debt is still owed. You can gift your certs but you can’t gift your tax credits. Tax credits can be written down if capital is unrecoverable in the time frame the loan debt is due. The exploration date on the loan is your health indicator . Watch for your return on equity capital along with the initial and final length of time given. They could over turn a debt if there is sufficient capital to pay the upfront penalty. Read the banking act.

Best of luck. This is one hot potato that’s for sure.