Much of the debt was forgiven or already taken care of. There was some left over from St. Cloud, but Nemes has already stated that they are paying it down (was less than $250k if I remember right).
On the "forgiven" part- Ken Moore held a bunch and he is now on the BOD. Some of the other debt was "family and friends" of current management and Nemes has and is dealing with that, but it's not hanging over us.
Since 2nd week of Decemeber, Nemes has reported over $1M in revenues, and for the month of March alone, to date, last PR states $435k already.....
Fins due out end of month for annual, and I'm sure the 1st quarter will be on time and very timely. Those will have the big numbers in them.
Best.
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