Well the Q1 should be out tomorrow or extended. We know from the 10K that they haven't been paying on the Leonite notes and the Leonite June note is past due on its forbearance date now. This company moves at what I have always called a "glacial" speed to do absolutely anything. The regulation "A" offering is 7 months old and the latest amendment has a new date. The 9 month June Leonite note is nearly a year old now and the two very expensive and very short term smaller Leonite notes have been earning default interest and fees for a year. Leonite hasn't loaned any new money for nearly a year now. That just outlines the recent Leonite notes not mentioning all the toxic notes. I hope they aren't able to move many regulation "A" shares and that Leonite chokes on the bad debt.
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