InvestorsHub Logo
icon url

quester614

04/17/23 5:45 PM

#23394 RE: Smartypants2 #23392

This part of your statement is what you would call PURE SPECULATION " The parties have negotiated extensions in the past and have probably done so again.. Unlike the filing saying " WITHOUT ANY FURTHER NOTICE." can be taken as fact.

One isn't needed since the reason for this DEFAULT is spelled out in the original SENIOR SECURED PROMISSORY NOTE.
Smart PPL should be able to understand the conditions for DEFAULT have been meet with NO NEED to give any further notice as stated in the filing

SENIOR SECURED PROMISSORY NOTE
"THIS INSTRUMENT CONTAINS AN AFFIDAVIT OF CONFESSION OF JUDGMENT PROVISION WHICH CONSTITUTES A WAIVER OF IMPORTANT RIGHTS BORROWER MAY HAVE AND ALLOWS THE HOLDER TO OBTAIN A JUDGMENT AGAINST BORROWER WITHOUT ANY FURTHER NOTICE."

https://www.sec.gov/Archives/edgar/data/1481504/000147793221007820/xeri_ex41.h

“The worst lies are the lies we tell ourselves."
YOU HAVE BEEN WARNED OF DEFAULT (FACT)
TIC TOC
Bearish
Bearish