The Boris & Natasha conference call is about to begin..... once again I suspect they will ask Moose & Squirrel (us shareholders) for continued patience while they aren't raising enough cash to satisfy this looming Illiad note.
Not a good sign in my opinion, knowing they have had $2M in cash on hand for sometime now yet they refuse to utilize/leverage it against Illiad note. Even a third of that ($650k) would help to reduce the note balance & eliminate another deluge of shares from hitting the open market. SMFH
Gotta ask ourselves......WHY won't they part with this cash? If they can easily replish it with another form of a bank loan or using their building as collateral with a possible ReFi?
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