no, from what I have been told, that filing was from last year and was just renewed in case they run into cash flow issues...they have sales so it is just a precaution..
kinda like having a checking plus account attached to your checking account..
Beck, the loan is being guaranteed by a "big brother" type imo.....kinda like a person having bad credit and getting a car loan by having their billionaire big brother co-sign for them...
this is how the Groveton purchase is being financed as well as the 15 million loan..."big brother" standing in with his signature and very large bank account...imo...
they are not selling shares for any of it and there is no down payment of any kind...
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