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BornAgain

02/16/24 2:03 PM

#18415 RE: TooFrank #18412

That loan could be the help they need to become cash-positive, the company has great products! Obviously, the Lender who is a director and large shareholder believes in the company to lend them the money. Hopefully, they can do something positive with the cash.

Ecomike

02/17/24 10:45 PM

#18416 RE: TooFrank #18412

That could be inventory, aka assets they can sell and make profit off of. The lender owns something like 60% of the OS, as I recall, and is thus
lending himself money.
Bullish
Bullish