Now that does make sense. How do you all expect to get your money back out of this? Who all owns the $4.1 million in series "N" shares that are in default? How much more will you have to sink into this to keep it afloat?
A best estimate of what the Leon's are owed according to this filing is $3,811,167. This number does not include the four million series "A" preferred shares that Eileen Greene, the spouse of the CEO owns.