Considering that $624k in total payments are due by today (since today is the last banking day before the 2nd payment due date), do you believe this to be "good news", when the reduction can be attributed to simply repaying according to the terms he committed to? Did you notice he somehow didn't mention if the payments were made in cash, or shares (dilution). Think that was just an oversight? ;-)
Pink sheet CEO speak: "This represents great progress on reducing debt off the balance sheet"
Reality: "we had to repay $624k in either cash, or by dilution via shares worth more than that, and we did".
"Great progress" when you simply do what you were financially obligated to do? Only in the pinks! lol
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