(Total Views: 173)
Posted On: 07/07/2022 2:04:49 PM
Post# of 13239
Re: Wallstreet1234 #2312
When has the company ever received financing besides the 8 mil burned with medi-ri debacle? The company has definitely mentioned financing and term sheets in various previously planned project related press releases.
No idea how anyone would loan money after medi-ri and all of the other loans having to be converted using hundreds of millions of shares leading to stock dilution since 2018.
Looked at 10-Ks to try and find one scenario where loans were paid back in part or full. Unless another loan was used to pay a previous outstanding loan? Don't believe revenue could have been used to pay for prior loans. Only see many instances of debt converted to shares issued.
Maybe I missed something. I could be wrong since company has (tweeted) it's working on final piece of funding for the upcoming buildout of sun pacific power's solar panel factory.
imho
cheers
No idea how anyone would loan money after medi-ri and all of the other loans having to be converted using hundreds of millions of shares leading to stock dilution since 2018.
Looked at 10-Ks to try and find one scenario where loans were paid back in part or full. Unless another loan was used to pay a previous outstanding loan? Don't believe revenue could have been used to pay for prior loans. Only see many instances of debt converted to shares issued.
Maybe I missed something. I could be wrong since company has (tweeted) it's working on final piece of funding for the upcoming buildout of sun pacific power's solar panel factory.
imho
cheers
(0)
(0)Scroll down for more posts ▼
