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Threeflight

10/29/21 8:47 PM

#35940 RE: Giffy #35939

They have a legit $40 M bank loan that has yet to be used.

$40 M. Bank in Texas.

Not toxic financing.

But I agree the debt they took out before they went public was a VERY bad move. I don't think they truly understood the ramifications of it and it has bit them in the butt. Even with that the OS has only gone up 300 M to 630 M the past year. Not outrageous. I believe CUBT's OS has gone up more than that.

Good thing is they got the rest of their toxic debt either paid off or delayed until next year and by then they will pay it off via their offering for $395 M they are doing with EF Hutton.

I mean to me its a win win situation.

Papoon

10/29/21 8:49 PM

#35941 RE: Giffy #35939

Hey give us a break on that issue. Lol I'm in that one too at .031 and looking to ride it to at least a nickel. If he can successfully get CUBT back down to .05-.06 like he apparently is trying to do, I'll be right beside him buying a million shares. With my luck, it won't go that low and we'll see good news early next week to cancel out this Friday surprise. IMO