My theory is that LB was able to pacify the note holder and come to an agreement with them once INQD became current and the PPS reached .03 That might have given him some leverage on negotiating terms and bring them to an agreement. More than likely LB told them to get the fvck out now before the JV is announced so they can clean the books and the Note holder agreed since he was getting out at a decent pps. IMO
Great post, BP, and logical. Making an assumption without having the facts and data to back is nothing more than conjecture without facts. Facts matter greatly. A lawyer would not go into court without having facts and accurate data to plead the case. Got $INQD
The after hours settlement trades historically are from conversions. The fact that news comes today and reaffirms after recent selling indicates to me notes are extinguished. Exactly what we want to see!
I don’t care about TA numbers. Otcmarkets and 10q do not even match exactly and should t the restricted shares already be included in OS?
Bottomline, it appears selling is over, notes done and news can start flowing. JV cometh as they begin to roll out M&A and cannibas vertical integrated conglomerate!