No, was not referring to the CARES act loan. At this point we don’t have enough info to determine, well, anything. What size of this company, what cost? I don’t think they are buying a company bigger than they are {3mil currently} If under that they could go the way of last year’s Streeterville a secured promissory note. The Streeterville Note was secured by all of the Company’s assets. They got 1.6 mil and in a very short time frame had to pay back 2. Mil by weekly payments. But again, we don’t know the size of the company/value. We also don’t know if it’s a private company without stock. We don’t know if they will accept stock in trade.
All of those questions will be resolved once the company presents to the shareholders. And at this point it’s just a letter on intent.
Bearish
News 
Market Data 
Discover 
AI
