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Posted On: 07/17/2018 6:31:07 PM
Post# of 2219
My experience emailing SIGO and getting a response is to ask a specific singular question worded so you may get more info than you ask for.
Last month I asked if they could still pay Fife in cash, said I couldn’t figure it out reading the note and didn’t see any Conversion Notice(s). They answered that no Conversion Notices has been filed, CVP couldn’t until K and Qs were filed (which answered the real question I had).
I believe we will see a bunch of 8Ks/PRs within the next 30 ish days. Either they have figured out how to grow and sell enough product to pay off Fife (or a significant portion as to keep O/S down) or they’ll fall flat on their face.
I know they have been selling product. I don’t think they’ve dialed it in yet (though I certainly can be wrong on this point) but if they can pay off Fife enough to allow them to keep moving forward, I think we will be good.
If they 8K/PR a payback of the entire Fife loan then I think it’s Boom Time!
My gut feeling is that they’re waiting for the Annual(s), or some indication they will get them, and they’ll pop the 8K/PRs. If they don’t get, or don’t think they’ll get the Annuals, then there’s no reason for them to pay Fife in cash.
We all know the Annual(s) are the sentinel event.
Last month I asked if they could still pay Fife in cash, said I couldn’t figure it out reading the note and didn’t see any Conversion Notice(s). They answered that no Conversion Notices has been filed, CVP couldn’t until K and Qs were filed (which answered the real question I had).
I believe we will see a bunch of 8Ks/PRs within the next 30 ish days. Either they have figured out how to grow and sell enough product to pay off Fife (or a significant portion as to keep O/S down) or they’ll fall flat on their face.
I know they have been selling product. I don’t think they’ve dialed it in yet (though I certainly can be wrong on this point) but if they can pay off Fife enough to allow them to keep moving forward, I think we will be good.
If they 8K/PR a payback of the entire Fife loan then I think it’s Boom Time!
My gut feeling is that they’re waiting for the Annual(s), or some indication they will get them, and they’ll pop the 8K/PRs. If they don’t get, or don’t think they’ll get the Annuals, then there’s no reason for them to pay Fife in cash.
We all know the Annual(s) are the sentinel event.
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