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Southern Gal

02/15/24 12:38 PM

#31642 RE: Willy #31640

The company announced that its subsidiary HRS has secured $18 Million in new contracts contingent upon closing on additional capital.

The company is negotiating with multiple interested lenders to provide this capital.

Does whomever issued the alleged $18mm worth of contracts know that HRS appears to be without financing to enable their specific performance? How long with the issuer of the contracts wait for HRS to begin work?