Posted On: 05/21/2016 11:16:45 AM
Post# of 1873
IFCR. Arnold posted this on the other board. don't know who gave him the info but it's worth reading.
Here you go about the R/S questions.
"No major changes. Will make around 5.6 million end of march, bringing the total to 30 million plus. Will be restructuring debt with financing through preferred stock (can't be sold). No reverse split. When they become current they will have other financing available. He says there is 3 years of being behind and it's a pain but they are almost done and the reason is that they switched auditors. He is just as disappointed about that as we are.."
Here you go about the R/S questions.
"No major changes. Will make around 5.6 million end of march, bringing the total to 30 million plus. Will be restructuring debt with financing through preferred stock (can't be sold). No reverse split. When they become current they will have other financing available. He says there is 3 years of being behind and it's a pain but they are almost done and the reason is that they switched auditors. He is just as disappointed about that as we are.."
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