With all of the smoke and mirrors this past month or so, have you been able to figure out what debt was included in the "Main Cure Business" sell off to the acquirer of the patents and CURE assets? From what I can tell, there is still over 6MM owed out to IONIC - but the "LACK OF TRANSPARENCY" with this company is mind numbing.
As I stated before, ole Robby boy (who they finally canned) by taking on those incredibly dilutive loans from IONIC (Over 11MM) with huge interest and those convertible notes.... basically took Sera Labs Public as a subsidiary of the original Cure Pharmaceutical.
Now, the new company owns CURE (Oxnard), and Sera Labs is what there is left with some other patents and probably still over 6MM in convertible debt through the remainder that they still owe IONIC ???
That's all I can figure out at this time... I may be totally wrong..... but shit man... with the bullshit that has been thrown out to the public, guessing is all I can do. (BTW, I see the price continuing to sink lower until this is settled)
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