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DTCjr

01/07/22 9:21 AM

#19193 RE: AlwaysRed #19192

The 10 million does not come all at once, but rather in tranches as the company draws on it.

The 1.5 million is the cash portion required for the acquisition of Stageit. This acquisition brings tremendous synergies and approximately 10,000,000 in revenues to VNUE.

We have the best attorneys for going after toxic lenders so there is no need to fret over that.
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tedpeele

01/07/22 9:59 AM

#19194 RE: AlwaysRed #19192

the filings showed receipt of some funds, and the dilution perhaps is from them since they - if I read the filings right - can sell without a time restriction. So to me it seemed like the set-up is good news/bad news. Until something major happens -- like an aquisition of a $10m company -- the price perhaps will be in a range around the fixed lending price. So far, that has been exactly the case.