Normal pinky financing through a 504 filing is limited to 1M per 12-month period...If they are getting 6M, maybe they are using treasury shares or restricted stock for the financing...non-dilutive, but this is all speculation...Co needs to clarify just where the stock is coming from.
I called and got a call back. Took a while though. I asked him directly about putting out a bond statement and that he told someone he would. He said "I never told anyone anything definite. What I said was, I hope to have more info on the bonds by Thursday". This matches what he told another friend of mine. He used the word hope. I said this a couple days ago in a post.
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