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King Dut

08/06/21 9:48 AM

#11642 RE: King Dut #11640

Just to clarify - I would MUCH, MUCH rather this company grow on its own, before any possible Forward split, up list or RM period.

Lady/gentlemen, don't fool yourselves, we have hit gold, and you all already know this.

I suspect most of us do this for the challenge, for the excitement of the hunt. Sure the money is great, but having it does not afford us the intense positive/negative emotion that only playing this game can create.

Anyway, lets just pull each nugget as it comes from the ground, roll it over and examine it. Lets enjoy the chase - lol.
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Alley-oop

08/06/21 12:03 PM

#11651 RE: King Dut #11640

What would be the time frame to happen all that mention in your post?
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OMOLIVES

08/06/21 2:27 PM

#11658 RE: King Dut #11640

You left two items that must come before any of that. Here:

Most importantly..

On May 28, 2021 the Company entered into a settlement and release agreement with the borrower and agreed to pay them discuss additional amount bounded to interest exp for the settlement $400,000. The First payment of $200,000 was due upon signing and Company agreed to make additional $100,000 payments on the 30th and 60th day after signing. The additional $250,000 settlement was record as interest during the three months ended March 31, 2021.


Lesser importance(possibly nil)...

As of March 31, 2021 and December 31, 2020 there was a balance remaining on the loan of $9,708 and $19,218, respectively. The note is currently in default.

Crown Bridge is typical of an ass' short term lender(like the other unrelated lender). Just bank on them playing the default game and getting more shares. The good news...it's only on a rough $9700.

Given the last 8-k...it may be completed...but it would have had to be cash on the $9700. Such will be known by next quarterly..eh?