This just about sums up the situation. Check out this info from post # 313821

Amount ....... Maturity .. Conversion ..... Noteholder
$50,000 ....... 01/3/2024 .... None .......... Richard Staelin Revocable Trust
$30,000 ....... 6/24/2024 .... None .......... Richard Staelin Revocable Trust
$100,000 ..... 7/15/2024 .... None ........... Richard Staelin Revocable Trust
$65,000 ...... 10/13/2024 ... None .......... Richard Staelin Revocable Trust
$45,000 ..... 11/16/2024 ... None ........... Richard Staelin Revocable Trust
$55,000 ..... 12/01/2024 ... None ........... Richard Staelin Revocable Trust
$18,000 ..... 12/15/2024 ... None ........... Richard Staelin Revocable Trust
$45,000 ..... 12/23/2024 ... None ........... Richard Staelin Revocable Trust
$40,000 ..... 12/28/2024 ... None ........... Richard Staelin Revocable Trust

Quote:

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InvestInBiel // Re: srinsocal post# 313824

Fri., 12 May 2023 // Post# 313826 of 313831

Nobody gives that kind of cash away unless they're absolutely sure their loan / investment will pay off - and in a big way. He knows what he's doing.

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Exactly.

later, WBeacham