Wrong… Might want to read that entire 97 page 8K all through it and understand the terms. In fact the 8K is where the DEFAULT is LISTED. That is pretty current as the company must disclose this to it’s prospective lenders. Unlike their failure to disclose their DTC eligibility.. ooops forgot that one.. breach of contract likely…Further they have not gotten any cash as their a Due Diligence period of time to allow the lenders to verify the information disclosed in the 8K. Further the money is currently escrowed until all parties agree. So until Q1 you will not know how much they actually got from this agreement if in fact it was agreed upon.
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